Author: Kanishka Chhabria

Japan: H2 scrap export offers drop by $12/t w-o-w on subdued buying interest

Mar 8, 2024

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by

Kanishka Chhabria

in Melting Scrap

Japan’s H2 scrap export offers dropped during the week owing to diminished interest from major importing countries. According to BigMint’s weekly assessment, Japanese H2 scrap export offers now stand at JPY 50,400/t ($342/t) FOB Tokyo Bay, indicating a decrease of JPY 1,700/t ($12/t) compared to last week’s JPY 52,100/t ($354/t) FOB. Meanwhile, Japan’s steel scrap…