10
Feb
08:47
Kanto scrap export auction attracts above-market price bid
Kanto Tetsugen's latest monthly export auction for Japanese H2 grade scrap from Tokyo Bay has corrected downwards on-month, in line with the weaker market, Kallanish notes. But the awarded bid price is still higher than today’s market level.
The Kanto Tetsugen Cooperative Association auction on 10 February awarded Nippon Steel & Sumikin Bussan’s bid for 15,000 tonnes at JPY 39,271/tonne ($376/t) fas for H2 grade scrap. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous