Author: Reena

Japan: Scrap export prices continue to move up, despite low demand

Oct 21, 2022

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by

Reena

in Melting Scrap

Japanese scrap export prices continued to move up even after conclusion of the Kanto scrap export tender last week. Bid prices in the October Kanto tender fell by JPY 1,175/t ($8/t) from JPY 51,040/t ($357/t) in September. SteelMint’s assessment for Japanese H2 scrap export prices stands at JPY 49,000-50,000/t ($323-330/t) FOB, moving up significantly by JPY…