Tag: SUS 304 scrap Japan

Japan: Kanto stainless steel scrap market extends gains on tight nickel supply

May 21, 2026

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by

Manya Dewangan

in Stainless Steel

Ferro nickel shortage supports aggressive buying Chromium-grade scrap remains largely stable Japan Metal Daily: Japan’s Kanto stainless steel scrap market continued to strengthen this week, with nickel-based stainless steel scrap prices rising by another JPY 10,000/t ($62/t) amid persistent supply tightness and firm mill procurement. Market participants reported that delivered prices for SUS 304 (18-8)…