Japanese H2 scrap prices increased for the second straight week, according to the Japan Iron and Steel Association. Average prices rose by JPY 300/t ($2/t) w-o-w to JPY 38,000/t ($250/t) on 23 Oct. Kanto saw a hike of JPY 100/t ($1/t) w-o-w to JPY 41,300/t ($272/t), and in Kansai, prices surged by JPY 800/t ($5/t) w-o-w to JPY 36,400/t ($240/t). Meanwhile, Chubu’s offers remained stable w-o-w at JPY 36,200/t ($238/t).
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