Tag: Japan export offers
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Japan: Scrap export prices fall on lower bids, domestic prices follow suit
Japanese scrap export offers have dropped significantly this week, witnessing slow trade activities. Bulk offers for Japanese H2 are being quoted at JPY 41,000-42,000/t FoB basis. It has now decreased by around JPY 4,000 since the beginning of the month. SteelMint’s price assessment for Japanese H2 scrap export stands at JPY 41,000/t FoB, down by…