Tag: Japan: Kanto scrap tender rises m-o-m; spot export prices soften amid weak demand

Kanto tender supports prices; spot demand weak US scrap exports subdued; shredded supply tightens Japan’s Kanto scrap tender hits a 17-month year-high in Jan 2026–the sixth consecutive monthly rise (up by JPY 1,083/t)–marking the strongest prices since the Aug 2024 peak (JPY 47,956/t). A 20,000 tonnes (t) H2 cargo was awarded to a Chattogram-based mill…