WEEKLY: Japan H2 scrap rates stay level after increasing an additional $3/t.
On October 21, mini-mills in the Kanto region around Tokyo paid Yen 49,500-50,500/ t to accumulate H2 grade scrap, up Yen 500/t on week. "However some mills are still checking the activity as well as maintaining their prices unchanged, so we do not think the costs will certainly increase swiftly," a Tokyo-based scrap investor predicted. Tokyo.-->
pre : NBS: China Jan-Sept crude steel result down 3.4% YoY
next : Japan Sept crude steel outcome down for 9th month on slow-moving demand
Get a Quote