Tag: japan domestic prices
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Japan: Scrap export offers further down amid absence of firm bids, currency depreciation
The Japanese scrap export market slowed down, owing to absence of firm bids from overseas buyers. However, offers continued to decline further to four-month lows. In the absence of overseas bids, major mills are likely to sell their material in the domestic market. SteelMint’s assessment for Japanese H2 scrap export prices stands at JPY 48,500/t…