Tag: Japan: Kanto H2 scrap prices cross JPY 50

Export demand to Vietnam supports price increase Dockside H2 prices at JPY 51,000-51,500/t ($322-325/t) Japan Metal daily: Ferrous scrap purchase prices by electric arc furnace (EAF) mills in Japan’s Kanto region moved sharply higher, crossing the JPY 50,000/t ($316/t) mark for the first time in nearly 20 months, supported by strong export competition and tightening…