Tag: Obon holidays scrap market

Japan: H2 scrap export offers rise by JPY 300/t ($2/t) w-o-w as markets reopen after Obon holidays

Aug 22, 2025

—

by

Adarsh Ramteke

in Melting Scrap

Offers rise on stronger market conditions in Indonesia, Philippines Vietnamese scrap market remains firm despite cautious buying Japan’s H2 scrap export prices rose slightly by JPY 300/tonne (t) ($2/t) w-o-w as suppliers resumed operations after the Obon summer holidays, bringing a wider range of offers to the market. A Japan-based trader noted, “Offers from Japan have been…