Tag: Japan: H2 scrap export offers edge up by $1/t w-o-w amid JPY depreciation

Japan: H2 scrap export offers edge up by $1/t w-o-w amid JPY depreciation

Apr 12, 2024

—

by

Kanishka Chhabria

in Melting Scrap

This week, Japanese H2 scrap export offers edged up by JPY 200/t ($1.3/t) due to the weaker JPY against USD and an uptick in the recent Kanto scrap export tender. BigMint‘s weekly assessment pegged the H2 scrap export offer at JPY 50,800/t ($331/t) FOB Tokyo Bay. Demand from key importers like South Korea, Vietnam, and…