- Japan’s Kanto scrap tender for Dec’25 logged its fifth straight increase, with bids rising JPY 728/t ($5/t) m-o-m.
- A 15,000-t H2 lot was awarded via a trader to a Vietnamese mill at JPY 45,688/t ($292/t) FAS, translating to roughly $330/t CFR Vietnam.
- In dollar terms, the gain was limited to just $1/t, as the weaker JPY (from 153.8/$ on 11 Nov to 156.6/$ on 10 Nov) lifted export offer levels.
Japan: Kanto scrap tender prices rise for 5th consecutive month in Dec’25
Asian Scrap Market Trends ferrous scrap exports Japan H2 scrap CFR Vietnam Japan H2 scrap Japan scrap export prices Japan scrap exports Japan scrap market December 2025 Japan: Kanto scrap tender prices rise for 5th consecutive month in Dec’25 JPY depreciation impact Kanto tender prices Vietnamese mills scrap demand
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