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10 Dec
12:20

Japanese scrap gains $78 in monthly export tender

Kanto Tetsugen's latest monthly export tender for Japanese H2 grade scrap from Tokyo Bay reflects a significant rise in the market, Kallanish notes. Thursday’s tender reflects an average price increase of JPY 8,105/tonne ($78/t) from last month's tender to JPY 38,710/t ($370/t) fas. The Kanto Tetsugen Cooperative Association auction awarded on 10 December a bid from Daisen Sangyo at JPY 38,910/t fas, and a second bid from the…
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