Tag: yen impact on scrap

East Asia: Imported scrap prices rise despite cautious buying; Japan exports up over 15% in CY’25

Feb 2, 2026

—

by

Ramavath Mounika

in Melting Scrap

Vietnam buying cautious ahead of holiday slowdown Japan scrap exports pivot toward Vietnam, Bangladesh Vietnam imported scrap prices firmed on yen-led cost support on 2 February, with Japanese H2 and US-origin HMS gaining w-o-w, while buying stayed cautious ahead of the Lunar New Year. Japan’s scrap exports rose on stronger Southeast Asian demand, led by…