Tag: Japan Ferrous Scrap Export

  • Japan: Sluggish scrap market keeps major buyers away

    Japan: Sluggish scrap market keeps major buyers away

    Japan’s scrap market turned sluggish and uncertain this week due to bearish trading activities. As a result, major regions preferred to stay away from buying scrap. Japanese suppliers are likely to keep their offers high as the sharp devaluation in the Japanese currency (Yen) may support the export market, SteelMint noted. On the other hand,…