Tag: shfe stainless steel futures

Japan: Kanto Ni-based stainless scrap prices extend losses amid weak demand

Dec 23, 2025

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by

Manya Dewangan

in Stainless Steel

Indonesia plans sharp nickel mining quota reduction Risk of global nickel surplus narrowing grows JapanMetalDaily: Ni-based stainless steel (SUS) scrap prices in Japan’s Kanto region declined further by JPY 5,000/t($32/t), reflecting persistently weak domestic and overseas demand. Major scrap shippers reduced their purchase prices by JPY 5,000/t ($32/t) from 18 December, while some stainless steel…