Tag: Tokyo Steel scrap hike

East Asia: Japanese H2 scrap prices rise w-o-w on Tokyo Steel hike; Vietnam demand seen improving

Mar 2, 2026

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by

Ramavath Mounika

in Melting Scrap

Tokyo Steel hike lifts Japan H2 export prices Vietnam demand set to revive in March East Asian scrap markets firmed in the week ended 2 March , supported by Tokyo Steel’s latest domestic price hike and improving post-holiday sentiment. While trading volumes remained moderate, supplier expectations strengthened, narrowing downside risks across regional and deep-sea segments.…