12
Oct
13:18
Japanese scrap export prices surge in Kanto tender
Kanto Tetsugen's latest monthly export auction for Japanese H2 grade scrap from Tokyo Bay reflects a strong rebound in the market, Kallanish notes.
The Kanto Tetsugen Cooperative Association auction on 12 October awarded a total of 11,000 tonnes at an average JPY 53,213/tonne ($469/t) fas for H2 grade scrap. Nippon Steel Trading was awarded a 6,000t cargo at JPY 53,291/t, while Daisen Sangyo clinched a 5,000t cargo at JPY 53,120/t.&nbs…
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Anonymous
Very good overview of the weekly steel market.
Anonymous