Tag: Japanese yen impact on scrap
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Japan: H2 scrap export prices inch up amid currency slide, mills remain selective
Vietnam demand dips as rainy season nears Korea’s scrap stock rebounds after 5-week drop Japan’s H2 scrap export market experienced a slight increase this week, supported by the weakening Japanese yen against the US dollar. BigMint‘s weekly assessment showed export offers rising by JPY 165/t to JPY 41,500/t ($285/t) FOB Tokyo Bay, up from JPY…