Local and export scrap quotations in Japanese market

Local quotations in Japan's Kantō region for H2 grade scrap are in the range of $124-127/mt delivered to customer.
 
On the other hand, Japanese offers to Vietnam for H2 grade scrap are in the range of $173-175/mt CFR on average, for February shipment, while buyers' firm bids for the same product are at $170/mt CFR. Also, Japanese offers for H1/H2 50:50 grade scrap to Vietnam are currently at $184/mt CFR on average.