09
Jul
07:51
Japanese scrap export tender price dips
Kanto Tetsugen's latest monthly export auction settled lower for Japanese H2 grade scrap from Tokyo Bay, Kallanish notes.
The Kanto Tetsugen Cooperative Association auction on 9 July awarded a 14,000-tonne parcel to Itochu Metals Corp at JPY 47,888/tonne ($435/t) fas for H2 grade scrap. Trading sources estimate this to be around JPY 48,888/t ($444/t) fob. The latest award price is JPY 1,307/t lower than last month’s tender. The associ…
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Anonymous
Very good overview of the weekly steel market.
Anonymous