Tag: Japan Billet Exports
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Japan billet export inquiries slow-down on weakening scrap prices
Japan’s electric-arc-furnace (EAF) steel producers have noted the thinning of inquiries on billet for exports as overseas buyers are expecting billet prices to soften together with lower scrap prices, sources in Tokyo and Osaka shared on March 16. Late last week, Japan-origin SS grade 120-150mm billets were sold at around Yen 59,000/tonne ($540/t) FOB, being…