Tag: East Asia: Japanese H2 scrap strengthens as JPY supports exports

Firmer deep-sea scrap prices, limited offers lift H2 Selective Vietnamese buying limits further upside Japan’s H2 ferrous scrap export prices increased during the assessment week ended 28 September, supported by firmer global deep-sea scrap prices. However, the Silver Week holidays led to limited fresh offers from Japanese suppliers, while Vietnamese mills remained cautious and focused…