Compared to December 13 prices reported by SteelOrbis, Japan’s Tokyo Steel has reportedly increased its domestic scrap purchase prices for the Tahara and Okayama sites. The average price has increased $7/mt to JPY 36,500/mt ($328/mt) delivered to customer.
*Assuming a stable Utsunomiya price from December 13 report as SteelOrbis has not received reports of its increase yet.
|
Japan H2 Tokyo Steel |
Tahara JPY/mt |
Utsunomiya* JPY/mt |
Okayama JPY/mt |
Average |
Rate (JPY/$) |
$/mt |
|
Dec 13 |
37,000 |
36,000 |
35,500 |
36,167 |
112.61 |
321 |
|
Jan 12 |
37,500 |
36,000 |
36,000 |
36,500 |
111.22 |
328 |