Tag: Japan: Kanto region HS scrap price rise amid strong overseas demand

In the Kanto region’s bay yards, high-grade steel scrap types, HS and shindachi, maintained high purchase prices due to better demand, both domestically and internationally. Conversely, standard-grade H2 scrap faces weak demand. The price gap between high-end varieties and H2 is widening, currently around JPY 5,000/t($31/t), compared to a normal difference of JPY 1,000-2,000/t($6-12/t). The…