Tag: energy costs Bangladesh steel sector

Japan: Bangladesh mill secures Jun’26 Kanto scrap cargo; weaker JPY pushes FAS price down $6/t m-o-m

Jun 10, 2026

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by

Anshuman

in Melting Scrap

Bangladeshi mill returns to the Kanto tender after a two-month pause Rising energy costs, policy uncertainty pressure Bangladeshi mills Japan’s June Kanto H2 export scrap tender recorded its first correction after ten consecutive monthly increases, with the settlement easing by JPY 96/t ($1/t) m-o-m to JPY 54,506/t ($340/t) FAS for a 20,000-t cargo. Although the…