Tag: Japan: H2 scrap export offers rise by $4/t w-o-w amid bullish outlook
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Japan: H2 scrap export offers rise by $4/t w-o-w amid bullish outlook
This week, export offers for Japan’s H2 scrap increased, propelled by optimistic forecasts for late April and May shipments. Increased interest from Vietnam and Taiwan, expecting further price hikes in line with global trends, also played a role. Additionally, improved realisations in the domestic market contributed to the price hike, prompting some Japanese suppliers to…