Tag: Kanto Tetsugen scrap export tender

Japan: Kanto tender bids drop $11/t m-o-m, but still stay above market prices

Aug 19, 2021

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by

Reena

in Melting Scrap

Japan’s bellwether monthly Kanto Tetsugen ferrous scrap export tender for Aug’21 was concluded today. A total of 13,000 tonnes (t) of Japanese H2 scrap were awarded at an average price of JPY 46,646/t ($423/t) FAS, SteelMint learnt from trade sources. The average bid fell by JPY 1,242/t ($11/t) m-o-m, while the prices have reportedly weakened…