09
Mar
10:57
Japanese scrap export prices dip before Kanto tender
Japanese scrap offer prices are softening in Vietnam. However, market participants are awaiting the outcome of a Japanese scrap export tender on Wednesday for clearer market direction, Kallanish notes.
Offers for Japanese H2 grade scrap slipped to $455-460/tonne cfr Vietnam on 9 March, down from $465/t cfr previously. The last booking in Vietnam transpired at $453/t cfr on 26 February. "Offers are indicated lower, but most want to wait for the Kanto Tets…
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Anonymous
Very good overview of the weekly steel market.
Anonymous