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WEEKLY: Japan H2 scrap costs flat, supply tightness proceeds

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On October 28, mini-mills in the Kanto region around Tokyo paid Yen 49,500-50,500/ t to accumulate H2 quality material, unmodified on week. "Mini-mills had actually raised scrap prices by Yen 500/t from October 19, however most were checking the motion," a Tokyo-based scrap trader claimed. He clarified that scrap deliveries to mills were

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Japanese prices of H2 grade scrap for domestic sales over October 24-28 remained unchanged on week after rising by Yen 500/tonne ($3.4/t) in the previous week. Nevertheless, Japan's overall scrap supply has been kept tight, market sources shared....

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