Tag: Japan: H2 scrap export offers drop by $5/t w-o-w following recent price cut by Tokyo Steel

Japan: H2 scrap export offers drop by $5/t w-o-w following recent price cut by Tokyo Steel

Feb 2, 2024

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by

Kanishka Chhabria

in Melting Scrap

Japan’s H2 scrap export offers experienced a weekly decline following Tokyo Steel’s price reduction announcement, coupled with sluggish demand from key importing nations. In the latest assessment by BigMint, Japanese H2 scrap export offers witnessed a drop of JPY 800/t ($5/t) to JPY 53,000/t ($362/t) FOB Tokyo Bay, compared to the previous week’s JPY 53,800/t…