Japan: Kanto scrap tender scheduled for 9 Feb

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Japan’s bellwether monthly Kanto Tetsugen ferrous scrap export tender has been scheduled for 9 Feb’22, trader sources informed SteelMint.
Last month, a total of 10,100 t of scrap was awarded and the average price for H2 scrap stood at JPY 50,983/t ($443/t) FAS, SteelMint learnt from sources.
Japan recorded 7.02 mnt of ferrous scrap exports in CY’21 versus 9.11 mnt in CY’20, down 23% y-o-y.

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