10
Jul
11:22
Kanto Tetsugen monthly scrap export tender settles higher
The Kanto Tetsugen monthly scrap export tender settled higher on Wednesday, Kallanish learns. But the increase does little to compensate for the yen’s weakness against the dollar.
In the latest tender, which opened on 10 July, Itochu Metals Corp was awarded 14,000 tonnes of Japanese H2 grade scrap at JPY 52,168/tonne ($323/t) fas. The award price is JPY 804/t higher than last month’s tender. However, the latest Kanto award fas price is in fact aro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous