Tag: Japan Kanto Scrap Tender

The monthly Kanto Tetsugen ferrous scrap export tender, Japan’s scrap export price driver, was held on 9 November. According to sources, the bid price for H2 grade scrap was about JPY 49,000–50,000/t FAS, which was below the suppliers’ expected price. However, there was no bid for JPY 50,000/t, unlike the tender concluded in October. Reasons…