Tag: Weak steel demand in Vietnam and South Korea

Japanese H2 scrap export offers rise w-o-w but demand dull in key markets

Dec 13, 2024

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by

Kanishka Chhabria

in Melting Scrap

Japanese H2 prices rise but demand lags South Korea, Vietnam markets struggle amid low demand Japanese H2 scrap export offers saw a slight increase this week, supported by December’s Kanto tender results. The FAS levels remained above last week’s FOB levels, with the winning bid settling at $279/t for a 15,000-t cargo, though lower than…