Author: Lalita
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Japan’s higher grade scrap prices surge to 13-year high
Tight supply has pushed prices of high-grade scrap in Japan including those for Shindachi material (New cut) and HS grades up by another Yen 1,000/tonne ($9/t) over the past week to their highest level since 2008. As of July 8, shippers at Tokyo Bay area ports such as Odaiba, Funabashi and Yokohama, were paying around…