JAPAN STEEL SCRAP: Strong demand from S Korea, local market keeps prices rising

Prices for steel scrap cargoes exported from Japan rose again during the week to Wednesday May 19 amid a healthy appetite from both South Korea and domestic buyers, market participants told Fastmarkets.

The sharp decline in Chinese ferrous futures and spot market prices this week has done nothing to stop the rise of the Japan scrap market, with a further increase in...


Lee Allen

May 19, 2021

13:09 GMT