Japanese monthly scrap export tender fetched bids higher by USD 36/MT

Japan’s Kanto Tetsugan tender for scrap export for June’20 has concluded today (10th June’20), where total 21,000 MT Japanese H2-scrap was awarded at average price of JPY 26,369/MT (USD 245) FAS, as compared to JPY 22,476/MT (USD 209) in May’20, rising sharply by around JPY 3880/MT (USD 36) M-o-M. Prices have reached a 6-month high, in a strong rebound since last month.


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