JAPAN STEEL SCRAP: Suppliers hold material, export prices rise

The Japanese export scrap market has bounced off the floor to record higher prices over the past week following an effort from suppliers to resist new sales, sources told Fastmarkets on Wednesday February 3.

Fastmarkets’ price assessment for steel scrap H2, export, fob main port Japan, was ¥36,000-38,000 ($343-362) per tonne on Wednesday, up by ¥1,500-3,000 per tonne from ¥33,000-36,500 per tonne fob one...


Lee Allen

February 03, 2021

12:52 GMT