Tag: Japan scrap exports
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Japan: Ferrous scrap exports plunge 35%, m-o-m, in Jan’22
Japan, a leading importer of ferrous scrap, recorded 0.29 million tonnes (mnt) of export sales in Jan’22 as against 0.47 mnt in Dec’21, down 38% m-o-m, as per customs data. The month-on-month fall in exports in Jan was largely due to Japanese suppliers showing little interest in lowering offers further amidst tight domestic scrap generation…