Tag: Japan port congestion

Japan: Kanto tender bids drop $10/t m-o-m, H2 export offers slide $3/t amid limited market activity

Feb 12, 2025

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by

Adarsh Ramteke

in Melting Scrap

Tags rise in Vietnam, SK amid strong demand Slow construction activity limits buying in B’desh Japanese H2 scrap export offers declined w-o-w amid sluggish activity as buyers made a slow return from their holidays. Seaborne demand remained weak, with buyers waiting for price cues from China’s post-holiday market. Persistent port congestion in Japan delayed shipments,…