Tag: Japan: March Kanto scrap tender rises for eighth straight month

Japan’s March Kanto scrap export tender recorded its eighth consecutive increase, reaching levels last seen in March 2024, with bids rising JPY 2,038/t ($13/t) m-o-m. A 20,000-t H2 cargo was awarded to a Chattogram-based mill through a Japanese trading house at JPY 50,121/t ($317/t) FAS, equivalent to about $322-325/t FOB Japan or above $390-395/t CFR…