09
May
09:36
Kanto monthly scrap export tender rises
The Kanto Tetsugen monthly scrap export tender settled higher on Thursday, Kallanish notes.
In the latest tender, which opened on 9 May, Itochu was awarded 20,000 tonnes of Japanese H2 grade scrap at JPY 52,590/tonne ($337/t) fas. This is JPY 1,503/t higher than last month’s tender price. In dollar terms, however, the latest award price is marginally higher, by around $1/t, than last month because of JPY depreciation. The tender attracted 19 bids for a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous