12
May
07:01
Kanto Japanese scrap export cargoes fetch higher price
Kanto Tetsugen's recent monthly export auction settled higher for Japanese H2 grade scrap from Tokyo Bay, Kallanish notes. The higher winning bids are in line with the strong international scrap market.
The Kanto Tetsugen Cooperative Association auction on 11 May awarded Okaya & Co two 5,000-tonne parcels at JPY 49,279/tonne ($453/t) fas and JPY 49,229/t respectively for H2 grade scrap. It also awarded a 5,150t lot to JFE Shoji Trade at…
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Anonymous
Very good overview of the weekly steel market.
Anonymous