Today, the Kanto Iron and Steel Cooperative Association in Japan concluded its August scrap export tender, witnessing a drop in bids in terms of JPY. However, the actual bid price in dollars increased by $3/t to $326/t from July ($323/t). In JPY bid price decreased by JPY 4,212/t, reaching JPY 47,956/t FAS, compared to JPY 52,168/t in July. The tender captured a volume of 15,000 t of H2 scrap.
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