Tag: export scrap prices
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Japanese H2 scrap prices dips; US export demand supports price gains
January scrap price rises expected for higher grades Deep-sea US-origin HMS 80:20 falls to $341/t Japan’s H2 scrap prices eased ahead of year-end holidays, with limited activity and stable offers, while Tokyo Steel cut rates at select plants. In contrast, US domestic and export scrap markets strengthened, with January price rises expected amid tight supply…