China: Bids for Japanese ferrous scrap stay firm

Bids by Chinese steel mills for Japanese HRS 101 grade ferrous scrap remained unchanged against the last SteelMint assessment on 18 Jun’21 and currently are at $540/t, CFR China, as per sources. Offers were tracked at around $570/t, CFR China, last week. However, no recent deals have been heard concluded at higher prices, as per SteelMint reports.