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13 Jan
15:15

Kanto export tender bids increase, possibly peak

Kanto Tetsugen's latest export tender for Japanese H2 grade scrap from Tokyo Bay reflects the firming market over the past month, Kallanish notes. The tender shows an average price increase of JPY 6,041/tonne ($58/t) from last month's tender to JPY 44,751/t ($431/t) fas. But the strong price rallies seen in Japanese scrap in recent weeks could be ending soon. The Kanto Tetsugen Cooperative Association auction on 13 January awarded Toyota T…
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