Tag: billet scrap spread

Japanese H2 prices ease on stronger JPY; US scrap export offers climb up on robust Turkish demand

Dec 5, 2025

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by

Ramavath Mounika

in Melting Scrap

Lower freights boost competitiveness of US export offers Japanese sellers continue to face weak demand in Vietnam Japan’s H2 scrap prices eased w-o-w on 5 December 2025 due to a stronger JPY, while US scrap export offers rose on strong Turkish buying and rebar demand. Japan’s ferrous scrap export prices soften BigMint assessed Japan’s H2…