Tag: Japan Stainless Steel Market
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Japan’s Kanto region sees rise in nickel-based stainless steel scrap prices
In Japan’s Kanto region, there is a noticeable surge in the price of Ni-based stainless steel scrap. Despite a sluggish market and significant shortages, yards are actively gathering materials driven by optimistic forecasts. Over the past month, the market price for SUS304 scrap has surged by over JPY 10,000/t ($64/t) on the back of an…