Tag: Asian steel mills scrap procurement

Japan: H2 scrap export offers rise $9/t w-o-w triggering cautious buying activity

Mar 13, 2025

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by

Kanishka Chhabria

in Melting Scrap

Rise in Kanto tender bids boosts Japanese H2 scrap export offers Vietnamese buyers resist higher offers amid limited interest Japanese H2 scrap export offers climbed w-o-w, driven by stronger sentiment following March’s Kanto tender results. The winning bid for H2-grade scrap rose by JPY 1,026/t ($7/t) m-o-m, with a 15,000 t cargo destined for Bangladesh…