Tag: Japan scrap tender May

Japan: Kanto scrap tender rises for 10th straight month, extends gains in May

May 12, 2026

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by

Ramavath Mounika

in Melting Scrap

Stronger Yen supports firmer export offers Monthly increase limited to JPY 273/t Japan’s May Kanto scrap tender inched higher for the tenth consecutive month, settling at JPY 54,602/t ($346/t) FAS for a 10,000 t H2 scrap cargo — up by JPY 273/t ($2/t) m-o-m. The cargo is understood to have been awarded to a Japanese…