Tag: Japan: Kanto tender bid price drops by JPY 122/t in Jun’25; inches up in dollar by $1/t m-o-m

Japan’s Kanto Tetsugen ferrous scrap tender for June concluded with a 20,000 t H2 lot awarded at JPY 42,267/t ($292/t) FAS, reflecting a drop of JPY 122/t from May. Despite the drop in JPY terms, the dollar price edged up by $1/t, mildly supported by a 0.5% m-o-m appreciation in the yen (144.9 vs 145.7).…