Tag: Asian scrap market analysis February 2024.
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Japanese H2 scrap export offers dip slightly by $3/t w-o-w amid weak demand
Weak demand, port congestion lower Japanese H2 prices South Korea’s scrap imports rise as inventories shrink The Japanese H2 scrap export market saw a slight drop in the week, with limited activity as buyers gradually returned from holidays. Seaborne demand, especially from Vietnam, remained thin, as buyers awaited price signals from China’s post-holiday market trends.…