Bids in Japan’s Kanto scrap export tender drop by $26 m-o-m

Kanto Tetsugen – Japan’s monthly ferrous scrap export tender for the month of Jul’20 was concluded today (9th Jul’20) in which a total of 22,000t of Japanese H2 scrap was awarded at an average price of JPY 23,574/t ($ 220) FAS. Bids fell by JPY 2,786/t ($26) against last month’s bid on easing scrap supplies resulting in decline in domestic prices.


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