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10 Jun
11:18

Japanese scrap prices surge

Japanese scrap export prices have risen strongly over the past month, Kallanish notes. In Kanto Tetsugen's latest export tender for Japanese scrap from Tokyo Bay, average prices rose by JPY 3,880/tonne ($36/t) from last month’s tender. The Kanto Tetsugen Cooperative Association auction on 10 June awarded two bids. These were from Daisen Sangyo for 6,000 tonnes at JPY 26,710/t fas and from Itochu Metals for 15,000t at JPY 26,220/t. The bids’ av…
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