Tag: Japan ferrous scrap export offers
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Japan: Scrap export offers touch 3-month high on increased demand
Japanese scrap export offers remain stable w-o-w due to modest buying enquiries from participants. Despite the increased enquiries from market participants, limited deals were concluded for Japanese material. Demand for high-grade scrap has increased significantly as prices continued to move up. SteelMint’s assessment for Japanese H2 scrap export prices stands at JPY 50,000-51,000/t ($377-384/t) FOB,…