Kanto Tetsugen-Japan’s monthly ferrous scrap export tender for Aug’20 was scheduled today. A total of around 22,000 t of Japanese H2 scrap was awarded at an average price of JPY 27,216/t ($258) FAS, increasing by JPY 3,642/t ($35) m-o-m, SteelMint learnt from its trade channels. Tight scrap availability has continued to push prices higher, sources reported.
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