Tag: Japan scrap export price
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Japan: Scrap export prices fall to 2-month low as buyers continue to bid lower
Japanese scrap export prices continued to decline and have reached a two-month low. Meanwhile, no major deals were reported from the key buying countries such as Vietnam and South Korea, owing to the bid-offer disparities. SteelMint’s assessment for Japanese H2 scrap export prices stands at JPY 49,000/t FOB ($432/t) basis, decreasing by JPY 1,000/t w-o-w.…