Tag: Japan scrap export price

  • Japanese suppliers further raise scrap export offers

    Japanese suppliers further raise scrap export offers

    Global scrap prices continue to rally. Bulk Japanese H2 scrap offers for Vietnam and Bangladesh currently stand at $470/t and $485/t CFR basis respectively, sources have reported. SteelMint’s weekly assessment for Japanese H2 scrap export has increased by JPY 2,000/t ($19) w-o-w to JPY 44,000-45,000/t FoB Japan. Towards the closing of last week South Korea’s…