TOKYO (Scrap Monster): The average price of Japanese H2 scrap increased during the second week of June. It is after almost two months that the average H2 scrap prices have shown improvement. The prices had remained flat or declined during the past consecutive eight weeks.
The average price of Japan H2 scrap in Kanto, Central and Kansai region was ¥ 30,591/ton during the second week of June. The prices increased marginally by ¥ 33/ton from the previous week.
The average price of H2 scrap in Kanto region was ¥ 31,333/ton. The average price in Kanto region remained flat when compared with the previous week.
The average H2 scrap price in Central region was ¥ 28,440/ton. The average prices rose by ¥ 100/ton when compared with the previous week.
Also, the H2 scrap average prices remained unchanged in Kansai regions. The average price of H2 scrap in Kansai region during the second week of June was ¥ 32,000/ton, maintaining the previous week’s level.
From Metal & Oil & Gas News, post Japanese H2 scrap average prices rise for the first time in nearly 2 months