Tag: Japanese scrap prices
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Japanese scrap export offers fall to over two-year lows, market awaits Kanto tender outcome
Japan’s scrap export offers have fallen further on the back of limited demand from overseas buyers. The lower demand for finished steel from domestic and overseas buyers pulled down the scrap offers. Meanwhile, the increased rebar inventories with South Korea and Vietnamese mills is due to slow buying interest from end-users, hence the scrap trade…