On March 1, SteelOrbis reported that South Korean mills increased their bids for Japanese H2 scrap and the bid range increased to JPY 35,700-36,200/mt ($334-339/mt) FOB Tokyo Bay.
Sources inform SteelOrbis that in this second increase since the rebound in mid-February, the bid range increased to JPY 35,900-36,500/mt (339-345/mt) FOB Tokyo Bay. The range increased $5/mt from the bottom of the previous range and $6/mt from the top of the same range.
USD = JPY 106.87 (Mar 1)
USD = JPY 105.88 (Mar 5)