Tag: Seaborne market
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Japan: H2 scrap export offers drop further by JPY 500/t ($3/t) w-o-w
This week, Japanese H2 scrap export offers experienced a downtrend for the fourth consecutive week due to a wait-and-see approach from both buyers and sellers. Notably, while the export offers decreased in JPY terms, they edged up slightly in US dollar denomination. Today, 1 USD was equivalent to 146.05 JPY, compared to approximately 147.8 JPY…