Tag: Japan H2 scrap exports

  • Japan: Ferrous scrap prices rise on improved bids

    Japan: Ferrous scrap prices rise on improved bids

    Japanese ferrous scrap suppliers have raised offers citing improved demand from key countries Vietnam and South Korea. Tracking the hike in export offers, bids for domestic scrap purchases have also witnessed a momentum. SteelMint’s assessment for Japanese scrap export offers stands at JPY 49,000/t FOB, moving up by JPY 1,500/t.