SteelMint

Tag: China scrap offers

  • Japanese scrap suppliers raise offer for China by $20

    Japanese scrap suppliers raise offer for China by $20

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    by

    Reena
    in

    Japanese scrap offers have climbed further by $20 before the Golden week holidays and offers have increased to $520/t CFR levels. Trades of around 3,000 t have been concluded recently at $505/t CFR basis for Japanese HRS 101-grade scrap. However, Chinese mills are yet to raise their bids for Japanese scrap to the tune of…