Japan’s Kanto awards Feb scrap export tender down 12% from 12.5-year high in Jan

摘要

Singapore—Japanese Kanto Tetsugen’s February export tender for H2 ferrous scrap saw prices ease 12.2% from the 12.5-year high reached in January, tender participants said Feb. 10. The sole winner concluded 15,000 mt of H2 material in the monthly tender Feb. 10 at Yen 39,271/mt ($375/mt) on an FAS basis for March shipment, down Yen 5,480/mt from the highest winning bid in January, tender participants said.