Author: Kanishka Chhabria

Tokyo Steel reduces bids amid rising scrap inventories South Korea, Taiwan buyers wary amid seasonal slowdown Japan’s H2 ferrous scrap export market weakened in early July as a stronger JPY dampened competitiveness. Offers to Vietnam ranged between $313-320/tonne (t) CFR, but bids remained lower at around $313-315/t amid soft demand and a weakening VND. Traders…