Ferrous scrap export price was succeeded at average FAS 26,794 yen per tonne for H2 for October shipping at export tender held by Kansai Tetsugen on Friday, the association of ferrous scrap dealers around Osaka area. The successful bidders will ship total 8,000 tonnes of ferrous scrap.Japanese ferrous scrap export price decreased to less than 27,000 yen per tonne for the first time in late 2 months in Tokyo and Osaka, when overseas market entered adjustment phase, for example, Hyundai Steel decreased the purchase price for ferrous scrap by 1,000 yen per tonne from the latest peak.
Japan Steel Scrap Composite Prices (Sangyo Press)
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