Tag: Japanese H2 scrap export offers plunge to two-year low

This week, Japanese H2 scrap export offers plummeted to their lowest point in nearly two years, a level not seen since August 2022. The market has been in a steady decline since mid-July 2024, with nine consecutive weeks of price drops. Offers have fallen from JPY 52,100/tonne (t) ($371/t) FOB Tokyo Bay on 12 July…