Tag: Japan: Kanto scrap export tender witnesses marginal price uptick for Feb’24

The recent export bid at Japan’s Kanto export tender today secured 15,000 tonnes (t) of H2 scrap at JPY 53,087/t( $355/t) on a FAS basis, indicating a slight increase of JPY 6/t m-o-m. The FOB price translates to approximately JPY 54,100-54,200/t ($362-363/t), equivalent to INR 30,045/t (FOB), with the shipment destined for Bangladesh. According to…