Japan's ferrous scrap export price falls $25/mt in Sep tender

摘要

The highest winning bid for Japanese H2 grade ferrous scrap for export from Tokyo Bay by end-October was for 5,000 mt at Yen 25,150/mt ($234/mt) FAS, down Yen 2,660/mt ($25/mt) from the previous winning bid in August tender, Kanto Tetsugen, a group of scrap distributors around Tokyo said Wednesday. The second winning bid was for 7,000 mt at Yen 25,020/mt FAS. The third was for 5,100 mt at Yen 24,650/mt FAS, and the fourth for 5,000 mt at Yen 24,510/mt FAS, down Yen 2,865/mt from the average of August's winning bids.