Tag: Japan Ferrous Scrap Export
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Japan: Ferrous scrap exports slip 25% in H1CY22 on strong domestic demand
Japan, one of the prominent ferrous scrap exporters, recorded a sharp fall of 25% in export volumes in H1CY22 (January-June 2022) to 3.04 million tonnes (mnt) from 4.07 mnt in H1CY21, as per SteelMint’s customs data. Exports dropped as Japanese suppliers showed less interest in lowering offers further amidst tight domestic scrap generation caused by…