Local quotations in
Japan's Kantō region for H2 grade
scrap have decreased by approximately JPY 1,155/mt ($11/mt) compared to price levels recorded on June 10 and are now in the range of JPY 18,500-18,800/mt ($180-183/mt) delivered to customer.
On the other hand, SteelOrbis has been informed that no new Japanese offers to Vietnam for H2 grade
scrap have been heard in the same period. Meanwhile, Japanese offers for H1 and H2 grade
scrap to the export markets are in the range of $188-200/mt FOB.
Also, ex-
Japan busheling grade
scrap offers to
India are currently at $260-265/mt CFR
India.
$1 = JPY 102.772