Tag: Suppliers Hold Back Offers

Japan: H2 scrap export offers dip w-o-w following drop in Kanto tender, cautious buying

Feb 14, 2025

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by

Kanishka Chhabria

in Melting Scrap

Suppliers hold back offers, wait for higher values Tokyo Steel hikes scrap buying tags by up to $10/t Japan’s H2 scrap export market softened, with prices dipping amid competitive offers and cautious buying. Buyers were hesitant after the recent decline in the Kanto tender price. A market participant stated, “There are very few offers in…