Japanese stainless steel scrap prices have dropped due to restrained buying.

Currently trader's stainless steel scrap purchase price was between ￥270,000 to 275,000/ton. It is estimated that scrap price will fall further in the coming weeks.

Besides, exporter' stainless steel scrap export price was at ￥275,000n/ton. Trader's stainless steel scrap purchase price was ￥27,000/ton in middle part, but it may fall to ￥260,000/ton.