Japan’s ferrous scrap export price falls $2.40/mt in aug tender

摘要

Tokyo—The highest winning bid for Japanese H2 grade ferrous scrap for export from Tokyo Bay by end September was for 15,000 mt at Yen 27,810/mt ($262/mt) FAS, down Yen 250/mt ($2.40/mt) from the highest winning bid in the previous monthly tender in July, organizer Kanto Tetsugen, a group of scrap distributors around Tokyo, said Friday. The second winning bid was for 10,000 mt at Yen 27,570/mt FAS. The successful bids averaged at Yen 27,714/mt FAS, down Yen 346/mt from the average of July’s winning bids.