Kanto Tetsugen-Japan’s monthly ferrous scrap export tender for Nov’20 was scheduled today. A total of around 20,000 t of Japanese H2 scrap was awarded at an average price of JPY 30,605/t ($291) FAS, rising by JPY 2,199/t ($21) m-o-m, SteelMint learned from its trade channels. Hike in global prices due to tighter scrap availability has resulted in hike in bids.
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