Japan's scrap prices jump $32/mt in monthly auction

摘要

The highest bid in Wednesday’smonthly auction for Japanese H2 grade scrapfor export from Tokyo Bay by end Septemberwas up Yen 3,500/mt ($32/mt) from lastmonth’s highest bid, the auction organizer said.The winning bid was Yen 31,610/mt freealongside ship for a 15,000 mt parcel. Thesecond winning bid was Yen 31,600/mt FAS for10,000 mt. The parcels were most likely destinedfor Vietnam, according to Kanto Tetsugen.