12
Jan
08:38
Japanese scrap export prices rebound, Vietnamese market quiet
Japanese scrap export prices have risen in the latest Kanto Tetsugen monthly export tender, Kallanish notes. In Vietnam, tight credit measures continue to adversely affect the steel industry.
In the latest tender, which opened on 12 January, Sangyo Shinko was awarded 6,000 tonnes of H2 grade scrap at JPY 51,030/tonne ($388/t) fas and JFE Shoji secured 5,000t at JPY 50,815/t. The average tendered price of JPY 50,932/t fas (around JPY 52,000/t fob) i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous