Tag: East Asia: Japan scrap prices rise after firm Kanto tender as Vietnam buying remains cautious

Kanto tender price rises JPY 3,964/t ($25/t) m-o-m Higher freight costs support regional import offers H2 scrap export prices rose in the week of 12 October, supported by higher domestic collection prices and a stronger Kanto tender. A Bangladesh mill secured 20,000 t through a Japanese trader. In Vietnam, imported offers firmed on higher freight…