Japan’s Kansai-Cheorwon, scrap export tender for May’21, was concluded today. The winning bid was awarded a total of 8,000 t of Japanese H2 at an average price of JPY 49,148/t ($450) FAS, up by JPY 6188/t ($57) as compared to the previous Kansai tender of JPY 42,960/t ($394) FAS in Apr’21, as per Steeldaily. The tender price has increased by JPY 315/t ($3) as compared to Kanto tender, concluded last week.
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