[Scrap Price]Japanese H2 scrap average prices drop further

Published: Jul 24, 2015 18:47
The average price of Japanese H2 scrap declined further during the third week of July this year.

By Paul Ploumis 24 Jul 2015 Last updated at 04:10:58 GMT

TOKYO (Scrap Monster): The average price of Japanese H2 scrap declined further during the third week of July this year. The H2 scrap average prices had declined during the three weeks prior to this after rising continuously for five weeks before that.

The average price of Japan H2 scrap in Kanto, Central and Kansai region was ¥ 22,254/ton during the third week of July. The prices edged lower by ¥ 325/ton from the previous week. The prices had averaged at ¥ 22,579/ton during the second week of July.

The average price of H2 scrap in Kanto region was ¥ 22,167/ton. The average price in Kanto region dropped sharply by ¥ 200/ton when compared with the previous week.

The average H2 scrap price in Central region was ¥ 21,020/ton. The average prices in the region dropped by ¥ 400/ton when compared with the week before.

The H2 scrap average prices dropped substantially in Kansai regions. The average price of H2 scrap in Kansai region during the third week of July was ¥ 23,575/ton, dropping by ¥ 375/ton when compared with the previous week.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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