While expectations have become more positive in Japan, Tokyo Bay FAS-based prices have remained stable this week.
Tokyo Bay FAS-based price for H2 grade scrap is currently at JPY 41,500/mt ($290/mt). The FOB-based export price is now at JPY 42,500/mt ($297/mt) for the grade in question.
The Tokyo Bay HS grade scrap price now stands at JPY 45,500/mt ($318/mt) FAS, while the shindachi scrap price is at JPY 44,500/mt ($311/mt) FAS.
I graduated from the Faculty of Business Administration at Istanbul University and have been part of SteelOrbis since 2014. After six years in the Content Team, I joined the Market Intelligence department, where I now serve as Head of Ferrous Scrap Market Intelligence. In my role, I lead our global ferrous scrap market intelligence activities, overseeing price assessments, market analysis, and forecasting while working closely with industry participants across international markets. My focus is on tracking global ferrous scrap trade flows, pricing dynamics, and supply-demand fundamentals, providing data-driven insights that help market participants navigate an increasingly complex steel industry.
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15 Dec | Scrap & Raw Materials