New arrivals

10/04/2024   Continuou...
10/04/2024   Stainless...
10/03/2024   August 20...
10/02/2024   China’s S...
10/02/2024   Cobalt Wa...
10/01/2024   LFP Batte...
09/30/2024   NIO Secur...
09/30/2024   Nickel Wa...
09/30/2024   FerroChro...
09/27/2024   SUSscrap ...
09/27/2024   Fe Scrap ...
09/26/2024   China’s A...
09/26/2024   China Ini...
09/25/2024   Nickel In...
09/25/2024   Nickel In...
09/24/2024   Nickel In...
09/24/2024   Nickel In...
09/24/2024   Nickel In...
09/24/2024   Rare Eart...
09/20/2024   Nickel In...

Fe Scrap Watch 2024 #14: Prices Continue to Fall Amid China’s Ongoing Oversupply

The offered price is around $280–290 per ton of H2 on an FOB basis. Calculating this with the exchange rate at 143 yen, it equals about 40,000 yen per ton. While some sellers may still accept this price to clear inventory, the reality is that these prices result in losses. Even so, there are businesses that are likely to proceed with these sales to reduce stock.
This article is for members only. You can read the rest after application confirmation.

Register now Login

Related articles

Read more related articles...