Japanese integrated steel makers’ iron ore purchase price for April-June is likely to decrease by 15-17% from January-March. Because, though spot price is rising from the bottom in last year, the averaged price in December-February would decrease.
Japan Steel Scrap Composite Prices (Sangyo Press)02/18/2020
|20200YEN (-)||22200YEN (-)|
|182.21US$ (-0.1)||200.25US$ (-0.11)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)