Fastmarkets’ price assessment for steel scrap H2, export, fob main port Japan
, was ¥23,000-23,500 ($214-219) per tonne on Wednesday, up by ¥500 per tonne week on week.
One cargo of Japanese H2 scrap was sold at ¥25,300 per tonne cfr South Korea earlier this week, which Fastmarkets was told would be equivalent to ¥23,000 per tonne fob.
A deal to Taiwan of Japan H1:H2 (50:50) was heard at $254 per tonne cfr, with bids at $250-253 per tonne cfr, which sources said would be around ¥23,500 per tonne fob.
Sales to Vietnam were...