Japanese H2 domestic scrap prices continue stable, down in dollar terms

Wednesday, 06 February 2019 01:04:50 (GMT+3)   |   Sao Paulo
       

On February 1, SteelOrbis reported domestic H2 scrap prices in Japan at mini-mills in Tokyo, Osaka, and Nagoya at JPY 29,900-30,100/mt ($273-275/mt) while shindachi scrap ticked up to JPY 34,900-35,300/mt ($319-322/mt), all prices delivered to customer.

Market sources inform SteelOrbis that domestic prices have continued to trend stable at JPY 29,900-30,100/mt ($272-274/mt) while shindachi scrap is also stable at JPY 34,900-35,300/mt ($317-321/mt), all prices delivered to customer. Due to currency fluctuations, H2 scrap has decreased by $1/mt while shindachi scrap has decreased $2/mt from the bottom of the previous range and $1/mt from the top of the same range.

USD = JPY 109.55 (Feb 1)

USD = JPY 109.97 (Feb 6)


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