Tag: Japan: Kanto scrap tender rises for seventh straight month on stronger JPY

Bangladesh absorbs high-priced Japanese H2 Tokyo Steel maintains cautious pricing stance Japan’s Kanto scrap tender surged to a nearly three-year high in February, marking the seventh consecutive monthly increase, with prices rising by JPY 1,312/t ($8/t) m-o-m to JPY 48,167/t ($310/t) levels last seen in June 2023 (JPY 48,167/t | $310.1/t). A 20,000-t H2 cargo…