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Japan's stainless steel scrap prices hike
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South Korea's Posco has increased stainless steel scrap price by ￥10,000/ton to ￥255,000/ton on 19 September.
In Kansai region, some stainless steel scrap price has reached ￥260,000/ton, increasing by ￥35,000/ton compared with ￥220,000/ton of the lowest price.
In addition, Japan's main stainless steel mills are seeking to raise the stainless steel scrap price to ￥255,000 to 260,000/ton. Accordingly, the purchase price of Japan's stainless steel mill may continue to up.
News Date
9/27/2007 9:12:40 AM
reported by
Grace Jiang
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