Tag: Japan: Kanto scrap tender prices extend rally in Feb’26

Japan’s February Kanto scrap tender marked its seventh consecutive increase, returning to levels last seen in June 2023, with bids up JPY 1,312/t ($8/t) m-o-m. A 20,000-t H2 cargo was awarded to a Chattogram-based mill at JPY 48,083/t ($309/t) FAS, equivalent to $315-318/t FOB and above $360/t CFR Chattogram. In dollar terms, the tender gained…