Japan’s Domestic Scrap Market Enters Nosedive Phase in May: Survey

摘要

Japan’s domestic ferrous scrap market entered a nosedive phase in May after it peaked out during the GoldenWeek holidays, behind which lay the repercussions of plunged prices in ferrous scrap exports out of Japan, according toa survey by the Japan Iron & Steel Recycling Institute.The following is a summary of what the institute found in its survey.