Tag: Japan: Bangladesh mill secures Jun’26 Kanto scrap cargo; weaker JPY pushes FAS price down $7/t m-o-m

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…