SteelMint

Tag: Japan scrap export prices

  • Japan’s scrap export prices dip, market awaits Kanto tender

    Japan’s scrap export prices dip, market awaits Kanto tender

    —

    by

    Reena
    in

    Japanese scrap export prices fell marginally this week tracking a decline in bids from South Korea- and Vietnam-based mills. A discrepancy in bids and offers forced buyers to choose other prospective markets. SteelMint’s assessment for Japanese H2 scrap exports stands at JPY 47,500/tonne (t) FoB,  a drop of JPY 500/t ($5/t) week-on-week (w-o-w). Hyundai Steel…