Japan: Kansai region scrap prices rise by JPY 1,000/t

  • Scrap purchase prices in Japan’s Kansai region rose further by JPY 1,000/t to JPY 49,500-50,500/t, as per Steel Daily reports.
  • Rising export prices and a depreciating Yen resulted in the hike in prices.
  • Although prices are increasing, transactions volume have not decreased, with companies maintaining regular stocks at yards.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *