Tag: Japan: Kanto tender bid drops by JPY 551/t ($4/t) in Jul’25

Japan’s Kanto Tetsugen ferrous scrap tender for July concluded with 15,000 t of H2 scrap awarded at JPY 41,716/t ($284/t) FAS, down JPY 551/t ($4/t) from June. The dollar-denominated price also slipped by $8/t from $292/t in June. A weaker JPY (147.1/$ on 9 July vs. 145.08/$ on 11 June) softened the fall in yen…