Tag: Kanto scrap export tender result

Japan: Bids edge down by JPY 1,226/t m-o-m at Kanto scrap export tender for Jun’24

Jun 13, 2024

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by

Anshuman

in Melting Scrap

At Japan’s Kanto export tender today, approximately 25,000 tonnes (t) of H2 scrap were sold at JPY 51,364/t ($327/t) FAS, reflecting a decrease of JPY 1,226/t ($8/t) from the previous month reflecting weak overseas demand. The dollar conversion of the FAS price fell by $6-7/t m-o-m, primarily due to the yen’s depreciation against the US…