Tag: Japan’s Kanto scrap export tender for Jun’24 sees $8/t drop in bids

Today, Japan’s Kanto region concluded its scrap export tender for June, witnessing a drop in bids. The average bid price decreased by JPY 1,226/t ($8/t), reaching JPY 51,364/t ($327/t) FAS (It is equivalent to JPY 52,500/t on a FOB basis ($334/t)) compared to May’24 (JPY 52,590/t). A volume of 25,000 tonnes of H2 scrap was…