Tag: Chinese steel market influence on scrap

Japan: H2 scrap export offers remain unchanged w-o-w amid improved market sentiments, stronger JPY

Feb 28, 2025

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by

Kanishka Chhabria

in Melting Scrap

Vietnamese buyers cautious amid rising offers Korea mills scrap inventory rise after 2 months Japan’s H2 scrap export market remained stable, with sellers holding firm on offers amid a stronger JPY, improved Chinese sentiment, and higher Turkish scrap prices. Domestic scrap prices in Japan edged up, while port congestion saw slight relief. Rising deep-sea scrap…