Author: Anshuman

Japan: Kanto H2 export tender price slips by $12/t m-o-m as weaker JPY and sluggish Asian demand weigh on prices

Jul 9, 2026

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by

Anshuman

in Melting Scrap

Dollar-equivalent tender value drops $17/t as yen remains near four-decade low Vietnam returns to the Kanto market after a month’s absence Japan’s July Kanto H2 export tender settled at JPY 52,508/t ($323/t) FAS for a 15,000 t cargo, down JPY 1,998/t ($12/t) from the previous month. The result marked the second consecutive monthly decline after…