Tag: Japan: Ferrous scrap prices in Nagoya region remain stable w-o-w

Ferrous scrap prices in Japan’s Nagoya region held steady at JPY 37,500-38,000/t ($253-257/t) for the second week, despite expected export sales improvement. Subdued demand persisted, possibly due to softening export prices. Clarity is awaited post Kanto’s export tender on 9 February. Meanwhile, an EAF producer plans increased crude steel output compared to last month.