Higher Japan Ferrous Scrap Export Tender Results for August Contract

Japanese ferrous scrap export price hit FAS 27,968 yen per tonne for H2 grade at the monthly export tender held by Kanto Tetsugen on Wednesday. The price was 2,202 yen higher than previous tender results on July 11th. A dealer source said the results were higher than expectation and they affect domestic dealer’s prices which keep flat