11
Apr
09:34
Japanese scrap continues slide
An export tender for Japanese scrap widely observed by regional participants reflects a downturn in the market, Kallanish notes. In Japan, Tokyo Steel has continued to press down domestic scrap prices.
Econecol posted the highest bid in the 11 April Kanto Tetsugen auction for scrap to be exported from Tokyo Bay. Its bid was JPY 33,210/tonne ($310/t) fas for 6,000 tonnes of H2 grade scrap. This is JPY 4,360/t lower from the highest bid in last mont…
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Anonymous
Very good overview of the weekly steel market.
Anonymous