Tag: Chinese economic stimulus and scrap market
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Japanese H2 scrap export offers drop w-o-w as buyers exercise caution
US election, Chinese stimulus news keep buyers on their toes Market awaits conclusion of Kanto’s H2 export tender on 12 Nov Japanese H2 scrap export prices declined this week, driven by weak buying interest from major importing countries. Market sentiment was cautious, with buyers waiting for clearer direction in the aftermath of the US election…