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Japan's No2 HMS Prices Average Y22,579 in Main Trading Areas
Japan's domestic market prices of locally available ferrous scrap averaged Y22,579/ton delivered at steelworks or No2 HMS in the main trading areas of Kanto, Chubu and Kansai in the second week of July, down Y1,019 from a week ago, according to a weekly price survey by the Japan Ferrous Raw Materials Association.

As a result, the average price slid for three consecutive weeks with a cumulative decline of Y1,747.

In the second week of July, the surveyed prices of No2 HMS ex steelworks in cash transactions were Y22,367/ton in Kanto, down Y1,633 from a week ago; Y21,420/ton in Chubu, down Y800; and Y23,950/ton in Kansai, down Y625. Each surveyed price indicates the average of benchmark prices.
last modified : Thu 23 Jul, 2015 [13:26]
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