Tag: Japanese H2 scrap export offers drop for 7th consecutive week amid weak demand economic pressures

Japanese H2 scrap export offers drop for 7th consecutive week amid weak demand, economic pressures

Aug 30, 2024

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by

Kanishka Chhabria

in Melting Scrap

Japanese H2 scrap export offers have continued to decline for the seventh consecutive week. In August alone, export offers dropped by JPY 5,500/tonne ($38/t). According to BigMint’s latest assessment, Japanese H2 scrap export offers are now at JPY 44,500/t ($307/t) FOB Tokyo Bay, a decrease of JPY 2,000/t ($14/t) from the previous week’s price of…