SteelMint

Tag: Japan scrap export offers

  • Japan: Scrap export offers fall further with no buyers

    Japan: Scrap export offers fall further with no buyers

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    by

    Reena
    in

    Japanese scrap export prices have continued to move downward whereas buyers remained cautious amid sluggish finished steel demand. Major buyers like Vietnam, South Korea and Bangladesh have kept fresh bookings slow, waiting for a clearer market picture. SteelMint’s assessment for Japanese H2 scrap export prices stands at JPY 48,000/t ($336/t) FOB, down by JPY 500/t ($3/t)…