SteelMint Daily Trade Sheet – 12 Jan’22

Japanese scrap export offers rebounded after a surge in bids at Kanto tender.

Vietnam’s Formosa slashed monthly HRC offers by around $75/t.

Domestic sponge iron and semi-finished steel prices remained supported on higher input costs and optimistic market sentiment.

The below sheet summarises confirmed trades/offers of iron and steel products collected by SteelMint to help our users keep track of day-to-day trade dynamics.