Tag: Japan scrap export prices
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Japan: Domestic ferrous scrap prices rise tracking export market trends
Domestic Japanese scrap prices increased lately after witnessing a rebound in the export market, SteelMint understands. Tokyo Steel announced two price hikes this week. In their first announcement, the company raised bids by up to JPY 1,000/tonne (t) ($9/t) effective 15 Sept’21. However, prices for the Tahara and Utsonumiya works were kept unchanged. Another price…