10
Apr
10:52
Japanese scrap exports mirror weaker domestic market
Kanto Tetsugen's latest monthly export tender for Japanese scrap from Tokyo Bay reflects a downturn, Kallanish notes. The price slide is in tandem with a weakening domestic scrap market in Japan.
The Kanto Tetsugen Cooperative Association auction on Wednesday awarded two winning bids, both at JPY 32,300/tonne ($291/t) fas, which is equivalent to around JPY 33,300/t fob. This is JPY 1,710/t lower than the last tender wh…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous