Tag: Japan’s Kanto scrap export tender for Mar’24 sees $20/t drop in bids

Japan’s Kanto scrap export tender for Mar’24 sees $20/t drop in bids

Mar 12, 2024

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by

Anshuman

in Melting Scrap

Today, Japan’s Kanto region concluded its scrap export tender for March, witnessing a significant price drop. The average bid price plummeted by JPY 2987/t ($20/t), reaching JPY 50,100/t ($340/t) FAS compared to Feb’24(JPY 53,087/t). A volume of 5,000 tonnes of H2 scrap was captured in the tender and intended for booking by a Southeast Asian…