- Japan’s Kanto scrap export tender for Nov’25 recorded a modest rise, with bids up by JPY 644/t ($4/t) m-o-m. A 20,000-t H2 lot was awarded through a trader to a Vietnamese mill at JPY 44,960/t ($291/t) FAS.
- In dollar terms, the increase was limited to $1/t, supported mainly by a weaker JPY (from JPY 151/$ on 9 Oct to 154.5/$ on 11 Nov), which increased export offers.
Japan: Kanto scrap tender prices edge up by JPY 644/t ($4/t) m-o-m in Nov’25
Asian scrap market export offers FAS price Ferrous Scrap H2 scrap Japan Japan scrap market Japan: Kanto scrap tender prices edge up by JPY 644/t ($4/t) m-o-m in Nov’25 JPY depreciation Kanto Scrap tender November 2025 Scrap Export Scrap Prices scrap trade steel raw materials Vietnamese mill
Leave a Reply