Tag: Japan scrap procurement

Japan: Kanto tender bids down $6/t m-o-m; export market under pressure amid stronger JPY

Apr 9, 2025

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by

Aditi Sen

in Melting Scrap

Tokyo Steel adjusts prices thrice in Apr’25 Vietnam buyer books 15,000 t at $297/t Japan’s April 2025 Kanto scrap export tender recorded a m-o-m drop in bids, with the 15,000-tonne (t) H2 scrap lot awarded to a Vietnamese mill at JPY 43,288/t ($297/t) FAS. In April, the Kanto bids were down to JPY 938/t ($6/t)…