Tag: Japanese scrap offers

  • Japanese scrap export prices move up as mills raise bids

    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…