07
Dec
09:04
Japan’s scrap exports hit 28-month high
Japan’s steel scrap exports rushed to a 28-month high in October, the highest since June 2021, supported by demand from Vietnam and Bangladesh, and continued purchases by South Korean steelmakers, Kallanish notes.
In October, Japan saw scrap exports rise by 32.9% month-on-month and 6.1% year-on-year to 697,117 tonnes. The m-o-m surge benefited from a low base in September, and also restocking demand from Vietnam and Bangladesh. But due to the huge gap betwee…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous