According to sources, a South Korean mill has purchased Japanese H2 scrap at JPY 29,500/mt ($267/mt) FOB Tokyo Bay. This price translates to approximately $287-290/mt CFR South Korea. Japanese H2 offer prices are reportedly at JPY 30,500-31,000/mt ($276-280/mt) FOB Tokyo Bay.
$1= JPY 110.60, 7/28/2017