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Japan's JFE Steel purchases scrap from Eastern & Western Japan-2018 China(Guangzhou)Int’l Metal &Metallurgy Exhibit
ion-metal exhibition
4/11/2018 金属展-冶金展-钢铁展-steel expo-metal &metallurgy expo |
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JFE steel purchased scrap from the east Japan and west Japan markets. It was expected that JFE steel''s scrap procurement would support the domestic scrap market, which has experienced a sharp decline recently. However, the impact of procurement on the market might be limited as it was expected to have limited purchase volume.
The steel mills in Keihin, eastern Japan began purchasing scraps last week, while the east Japan mill purchased about 10,000 tons of P&S scrap each month.
The steel mills in Kurashiki, western Japan, would begin purchasing scrap on April 11th. The steel mills in western Japan also purchased about 10,000 tons of P&S scrap. However, it was pointed out that some of the production facilities in the Kurashiki area were out of order and would be produced in the near future according to the conditions of the facilities.
The procurement was likely to be performed by spot contracts at the end of April.
金属展-冶金展-2018广州巨浪国际金属暨冶金工业展览会-亚洲最大金属冶金展-巨浪展览-2018
China(Guangzhou)Int’l Metal &Metallurgy Exhibition-metal exhibition
-metal exhibition Metal exhibition, Metal
expo, 2018 Metal exhibition, 2018 Metal expo, China Metal exhibition, China
Metal expo, steel exhibition, steel expo, 2018 steel exhibition, 2018 steel
expo, China steel exhibition, China steel expo
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