JAPAN SCRAP EXPORTS: Auto plant closures support Shindachi busheling prices

Export prices for Japanese ferrous scrap continued to fall over the week to Wednesday March 25, but tighter supply offered some support to prices for Shindachi busheling, market sources have told Fastmarkets.

Japanese scrap traders expected difficulties in procuring Shindachi material in the short term after carmaker Toyota closed several production lines for 3-9 days from Wednesday. And fellow carmaker Mazda announced...

Published

Lee Allen

March 25, 2020

12:52 GMT

Singapore