Japanese H2 scrap average prices decline further

Author: Paul Ploumis06 Feb 2015 Last updated at 07:27:40 GMT

TOKYO (Scrap Monster): The average price of Japanese H2 scrap declined further during the first week of February this year. This is the seventh straight week of decline for H2 scrap average prices in the country.

The average price of Japan H2 scrap in Kanto, Central and Kansai region was ¥ 24,007/ton during the first week of February. The prices edged lower by ¥ 330/ton from the previous week. The prices had averaged at ¥ 24,337/ton during the fourth week of January.

The average price of H2 scrap in Kanto region was ¥ 26,000/ton. The average price in Kanto region dropped by ¥ 167/ton when compared with the previous week.

The average H2 scrap price in Central region was ¥ 21,520/ton. The average prices in the region were down sharply by ¥ 700/ton when compared with the previous week.

The H2 scrap average prices dropped in Kansai regions. The average price of H2 scrap in Kansai region during the first week of February was ¥ 24,500/ton, declining by ¥ 125/ton when compared with the previous week.