Tag: Freight challenges in Asian scrap trade

Japanese H2 scrap export offers rise $3/t w-o-w on firm bids, limited offers

Nov 15, 2024

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by

Kanishka Chhabria

in Melting Scrap

Vietnamese mill books 15,000 t in Kanto tender Weak steel demand, output keep prices pressured Japanese H2 scrap export offers increased w-o-w, especially to Vietnam, driven by stronger bids and limited availability from other exporting nations. Further supporting the rise was the recent Kanto tender, which saw a Vietnamese mill booking approximately 15,000 tonnes (t)…