Japan: Kansai scrap export tender sees bids jumping $20/t higher from Kanto tender

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Japan’s Kansai-Cheorwon scrap export tender for Feb’22 was concluded recently, with the loading period from 21-Feb to 31-Mar’22.
The winning bid was awarded a total of 5,000 t of mainly Japanese H2 scrap at an average price of JPY 58,220/t ($503) FAS, the second-highest bid after JPY 66,300/t ($573) in Jun’18.
Notably, bids in Kansai rose by $20/t as against the Kanto tender concluded last week.

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