Tag: yen depreciation scrap

Japan: H2 scrap export prices climb up by JPY 250/t ($2/t) w-o-w; Vietnamese demand remains steady

Oct 17, 2025

—

by

Adarsh Ramteke

in Melting Scrap

Stronger offers, weak JPY push up H2 tags Tokyo Steel raises domestic scrap prices Japan’s H2 scrap export prices climbed up w-o-w, driven by stronger offers and fluctuations in the JPY. The weakening yen pushed buyers to raise bids amid tight supply conditions, and demand from Vietnam remained steady. BigMint assessed H2 at JPY 42,850/tonne…