Japan’s Kanto scrap export tender prices fall by $66/t m-o-m in July’22

Japan’s monthly Kanto scrap export tender for July’22 was concluded today. A total of 25,000 t of scrap was awarded and the average price for H2 scrap stood at around JPY 44,554/t ($324/t) FAS, SteelMint learnt from sources. Prices have fallen to JPY 9,006/t ($66/t) levels from JPY 53,560/t ($399/t) fetched in June’22.