Japan Scrap Metals Composite IndexThe Japan Scrap Metals Composite Index tracks the changing market prices of the scrap metals industry in Japan . The Index consists of a weighted basket of specific benchmark grades of scrap metals. The benchmarks include specific grades of scrap aluminum, brass, copper, lead, magnesium, stainless steel, steel, tin and zinc. The Index includes snapshots of 5 viewpoints of market trends : the past 7 days, past 30 days, past 90 days, past 1 year and past 2 years.The Composite Index is updated daily before noon EST and tracks 7 days per week. Transaction activity on the weekends is typically lighter; it is not uncommon to see no change reflected in the Index during this time period. The Composite Index is derived from current spot market prices originating from the Japanese Recyler's Exchange (JRX) . This source of data is proprietary in nature and may not reflect external markets trends. To keep current with the market trends, you may visit this website. The overview of the Composite Index is a free service.
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