09
Sep
13:07
Kanto export tender results indicate slight softening
Kanto Tetsugen's latest monthly export auction for Japanese H2 grade scrap from Tokyo Bay reflects a slight weakening in the market, Kallanish notes.
The Kanto Tetsugen Cooperative Association auction on 9 September awarded three 5,000-tonne parcels at JPY 46,260/tonne ($421/t) fas for H2 grade scrap. Itochu Metals Corp is the recipient of all three cargoes. The latest average award price is around JPY 47,260/t fob, which is JPY 386 ($…
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Anonymous
Very good overview of the weekly steel market.
Anonymous