10
Apr
09:01
Kanto Tetsugen monthly scrap export tender moves up
The Kanto Tetsugen monthly scrap export tender settled higher on Wednesday, Kallanish notes.
In the latest tender, which opened on 10 April, Toyota Tsusho Material was awarded 15,000 tonnes of Japanese H2 grade scrap at JPY 51,087 ($336/t) fas. This is JPY 987/t ($7) higher than last month’s tender price of JPY 50,100/t on 12 March. In US dollar terms, however, the latest award price is around $4/t lower than last month because of JPY depreciation.
T…
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Anonymous
Very good overview of the weekly steel market.
Anonymous