Tag: scrap surplus japan
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Japan’s ferrous scrap exports hit 5-year high in CY’25 amid weaker crude steel production
Crude steel output falls for 4th straight year to 57-year low, driving scrap surplus Freight advantages, steady cargo availability draw in Southeast Asian buyers Taiwan, South Korea reduce intake on weak steel demand, high inventories Morning Brief: Japan’s ferrous scrap exports scaled a five-year peak in CY’25, as crude steel production fell for the fourth…