Japanese Demand for Scrap Steel Thin in January

Platts reported that, despite an uptick in the Japanese economy, demand for molybdenum-containing stainless steel scrap was weak through January.

As quoted in the market report:

SUS316 stainless scrap containing 16-18% chrome, 10-14% nickel and 2-3% molybdenum traded at around Yen 190 ($2.08)/kg on a delivered basis in January, stable from December, said sources at stainless steelmakers and scrap brokers in Japan.

To view the whole market report, click here. 

Get the Latest Molybdenum Investing Stock Information

Get the latest information about companies associated with Molybdenum Investing delivered directly to your inbox.


Select All Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Is-Gold-a-Good-Investment-Gold-Price-Forecast-2015There is no guide to gold that is more concise, clear and authoritative. Download our FREE Special Report, Is Gold a Good Investment? Gold Price Forecast 2015.

Leave a Reply