Tag: Japanese yen impact scrap exports

Japan’s March Kanto scrap export tender recorded its eighth consecutive increase, reaching levels last seen in March 2024, with bids rising JPY 2,038/t ($13/t) m-o-m. A 20,000-t H2 cargo was awarded to a Chattogram-based mill through a Japanese trading house at JPY 50,121/t ($317/t) FAS, equivalent to about $322-325/t FOB Japan or above $390-395/t CFR…