H2 scrap base prices remain steady in Tokyo Bay region

According to reports, the average base price of Japanese H2 scrap remained steady in the country's Tokyo Bay region as on September 5th

TOKYO (Scrap Monster): According to reports, the average base price of Japanese H2 scrap remained steady in the country’s Tokyo Bay region as on September 5th. The prices have remained steady when compared with the previous week prices.

The base price of H2 scraps averaged at ï¿¥33,000 to ï¿¥32,500 per ton in the Tokyo Bay region as on September 5^th. At the same time, base price of P&S scraps and Shindachi scraps averaged at ï¿¥35,000 to ï¿¥35,500 per ton in the region, rising by nearly ï¿¥1,000 per ton over the previous month.

As per industry sources, the average base prices of Japanese H2 scrap are expected to rise marginally in the forthcoming weeks.

The average price of Japanese H2 scrap increased further during the first week of September. This is the third consecutive week of price rise. The H2 scrap average prices had marginally increased during past two weeks as well.

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