Japanese ferrous scrap price hits JPY 70,000 per tonne - 02 Jul, 2008
It is reported that ferrous scrap market price reached JPY 70,000 per tonne for H2 grade around Osaka at electric furnace steel makers' purchase price.
The report added that Japanese ferrous makers increased the price by JPY 1,000 to secure materials under tight supply after JPY 1,000 to JPY 2,000 increase last week.
