11
Jan
08:07
Japanese scrap export prices stabilise
Kanto Tetsugen's latest monthly export tender for Japanese scrap from Tokyo Bay on Friday indicates scrap export prices are stabilising after plunging last month, Kallanish notes.
The Kanto Tetsugen Cooperative Association auction attracted an average winning bid of JPY 28,775/tonne ($266) fas, which is equivalent to around JPY 29,775/t fob. The latest average bid price is JPY 703/t lower than Kanto Tetsugen’s December tender. Dece…
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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