Tag: Japanese scrap offers
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Japanese scrap export prices move up as mills raise bids
South Korean mill hikes bid by JPY 2,000 ($19) for Japanese scrap Tokyo Steel raised prices thrice this week Japanese scrap export prices surged further and hit a one-month high. Hike in global scrap prices and demand-supply mismatch in Japanese scrap market has pushed scrap offers up. H2 scrap offers are now being cited at…