- Japan's Kanto Tetsugen auction closes $61 per tonne higher month on month
- Taiwan returns from holiday
- Prices for imported material to China increase amid tight domestic supply
Japan's October Kanto Tetsugen auction concluded at an average of ¥53,213 ($470.93) per tonne on Tuesday on a free alongside ship (fas) basis for a total of 11,000 tonnes of bulk H2 scrap shipping before the end of November.
The first winning bid was at ¥53,291 per tonne for 6,000 tonnes, while the second winning bid was at ¥53,120 per tonne fas for 5,000 tonnes.
The average price is an increase of ¥6,953 per tonne from the average September auction price of ¥46,260 per tonne fas....