SteelMint

Tag: China scrap market

  • Bids for Japanese scrap continue to dip, limited trade reported

    Bids for Japanese scrap continue to dip, limited trade reported

    —

    by

    Reena
    in

    Japanese scrap export offers declined considerably in a recent deal struck by a South Korean mill. Strong domestic demand kept the Japanese suppliers more busy. On the other hand, buying countries like Vietnam, Bangladesh, and China lowered bids for Japanese scrap. SteelMint’s assessment for Japanese H2 scrap exports stands at JPY 48,000/tonne (t) FoB, registering…