Tag: overseas scrap demand

Japan: H2 scrap export offers fall by JPY 550/t ($4/t) w-o-w as monsoon curbs demand

Jul 25, 2025

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by

Adarsh Ramteke

in Melting Scrap

Mills resist buying amid elevated inventories Subdued demand may further reduce prices Japan’s H2 ferrous scrap export prices fell by JPY 550/tonne (t) ($4/t) w-o-w in end-July, driven by subdued demand. H2 offers to Vietnam were heard at $312-315/t CFR, reflecting cautious sentiment. Bids were mostly below $310/t, with the tradable level reported at $310/t.…