Tag: ferrous scrap East Asia

East Asia: Scrap prices rise slightly on Kanto tender, but demand remains muted

Feb 16, 2026

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by

Ramavath Mounika

in Melting Scrap

Kanto tender lifts exporter sentiment Vietnam trading slows ahead of Lunar New Year Ferrous scrap prices in East Asia rose slightly in the week ended 16 February, supported by a firmer Kanto tender in Japan. However, regional demand remained muted, particularly in Vietnam, where mills had largely completed restocking ahead of the Lunar New Year,…