Tag: Kansai scrap prices
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Japan: Kansai region scrap prices rise by JPY 1,000/t
Scrap purchase prices in Japan’s Kansai region rose further by JPY 1,000/t to JPY 49,500-50,500/t, as per Steel Daily reports. Rising export prices and a depreciating Yen resulted in the hike in prices. Although prices are increasing, transactions volume have not decreased, with companies maintaining regular stocks at yards.