10
Aug
09:27
Japan's Kanto scrap export tender nudges lower
The latest Kanto Tetsugen scrap export tender has settled lower than last month, Kallanish notes. Some nevertheless deem the award price to be above market expectations.
The Kanto Tetsugen Cooperative Association awarded 20,000 tonnes in its 10 August export tender at an average of JPY 42,061/tonne ($312/t) free alongside (fas). This is JPY 2,493/t lower than its previous tender held in July. The association also sold 15,000t at JPY 4…
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Anonymous
Very good overview of the weekly steel market.
Anonymous