Japanese H2 scrap average prices drop for tenth week in a row

TOKYO (Scrap Monster): The average price of Japanese H2 scrap declined further during the fourth week of February this year. This is the tenth 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 ¥ 23,343/ton during the fourth week of February. The prices edged lower by ¥ 111/ton from the previous week. The prices had averaged at ¥ 23,454/ton during the third week of the month.

The average price of H2 scrap in Kanto region was ¥ 24,333/ton. The average price in Kanto region dropped sharply by ¥ 334/ton when compared with the previous week.

The average H2 scrap price in Central region was ¥ 21,320/ton. The average prices in the region held steady when compared with the previous week.

The H2 scrap average prices remained flat in Kansai regions. The average price of H2 scrap in Kansai region during the fourth week of February was ¥ 24,375/ton, remaining unchanged when compared with the previous week.