16
Jan
10:03
Japanese scrap spirals upwards again
The upswing in Japanese scrap prices continues as reflected by a recent export tender as well as Hyundai Steel and Tokyo Steel raising their purchasing prices, Kallanish notes.
Last Friday, Econecol posted the highest and second-highest bids in the 12 January Kanto Tetsugen auction for scrap to be exported from Tokyo Bay. The company tendered 6,000 tonnes for H2 scrap at JPY 37,800/tonne ($342/t) fas and another 10,000t at JPY 37,130/t fas. These would be e…
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Anonymous
Very good overview of the weekly steel market.
Anonymous