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09 Aug
09:38

Japanese scrap prices firm

Kanto Tetsugen's latest monthly export tender for Japanese scrap from Tokyo Bay reflects a slight price increase, Kallanish notes. Toyota Tsusho secured a 15,000-tonne cargo at JPY 34,860/tonne ($314/t) fas for H2 grade scrap in the scrap grouping's 9 August tender. This is JPY 530/t higher than last month’s tender award price of JPY 34,330/t and the latest award price is equivalent to around JPY 35,860/t fob. Meanwhile,…
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