Tag: Asian Scrap Market Trends

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…