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09 Mar
07:10

Japan's Kanto scrap export tender settles higher

Japanese scrap export prices continued to firm in the latest Kanto Tetsugen monthly export tender, Kallanish notes. The tender has been settling higher since January this year. In the latest tender, which opened on 9 March, JFE Shoji was awarded 3,100 tonnes of H2 grade scrap at JPY 55,680/tonne ($407/t) fas and Toyota Tsusho Material secured 15,000t at JPY 55,388/t. The average tendered price of JPY 55,438/t fas is JPY 2,076/t higher than the last…
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