SUSscrap Market 2024#15 Strong yen and falling LME nickel prices cause further decline
07/30/2024 15:03
The SUS scrap market is likely to follow a downward trend in the near term, reflecting the decline in LME nickel prices and the significant appreciation of the yen. From the 25th onwards, domestic manufacturers’ purchase prices for 304-grade scrap are expected to decrease by 5 yen to 210-215 yen per kilogram.
This article is for members only. You can read the rest after application confirmation.
Register now Login
Register now Login
Related articles
- 06/11/2025 USA Recyclers File #3: GLOBAL REFINING GROUP WEST, ELG, TRIPLE M METAL, ACEROS AZA S.A.
- 06/10/2025 USA Recyclers File #2: SPECTRUM ALLOYS, MONICO ALLOYS, OmniSource, LLC
- 06/10/2025 USA Recyclers File Vol.1 – YE CHIU (Metalico), CRONIMET, and 74 Alloys (Tungco)
- 05/26/2025 Winds from San Diego: Stable Stainless Demand in the U.S., but Uncertain Outlook for the Global Market
- 05/26/2025 Winds from San Diego: India as the Future Core of the Global Circular Economy
- 04/01/2025 REC Co., Ltd.: Transforming from the Heisei Era into the Reiwa Era
- 03/14/2025 Tungsten & Molybdenum Scrap Market Trends: Tungsten Scrap Surges Amid China's Export Restrictions
- 02/28/2025 MRAI's 12th IMRC 2025 Report①: Interviews with IRM, MIL, Gravita
- 11/25/2024 Interview with the Expert from a Major Nickel Producer: Future Trends of the Nickel Market
- 11/25/2024 How Tsingshan Stays the World’s Most Competitive Stainless Steel Producer
