SteelMint

Tag: Japan Scrap Export

  • Japan: Scrap export offers dip, suppliers resist further fall

    Japan: Scrap export offers dip, suppliers resist further fall

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    by

    Reena
    in

    Japan’s scrap export offers dipped further this week, owing to lower bids from South Korea- and Vietnam-based mills. SteelMint’s assessment for Japanese H2 scrap export prices stands at JPY 50,000/t FOB basis, decreasing by JPY 1,000/t w-o-w. Factors leading to Japanese scrap price drop Lower bids from Vietnam: Japanese bulk H2 scrap offers are now…