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13 Feb
09:06

Japanese scrap prices rise

Kanto Tetsugen's latest monthly export tender for Japanese scrap from Tokyo Bay indicates a strong increase in export prices, Kallanish notes. This is in tandem with firming prices for other origin scrap into Asia. The Kanto Tetsugen Cooperative Association auction on Wednesday attracted an average winning bid of JPY 31,855/tonne ($288/t) fas which is equivalent to around JPY 32,855/t fob.  This is JPY 3,080 higher than the last…
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