Falling steel scrap offers from Japan fail to entice Chinese buyers to market

November 10, 2021 / www.metalbulletin.com / Article Link

Buying interest for imported steel scrap into China has remained low despite lower-cost material from Japan emerging in the market, sources told Fastmarkets on Tuesday November 9.

Demand from China for imported scrap mutedOffers from Japan decrease amid weaker market sentiment in AsiaTaiwanese buyers continue to bid lower for containerized scrapChina
The spot market for steel scrap imported into China was quiet on Tuesday November 9 despite some suppliers in Japan offering the material at lower prices, sources said.
Offers from Japan for heavy scrap (HS) were heard at $560 per tonne cfr China.

"I think this offer price sounds...

Recent News

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com

West Africa-focussed Robex and PDI to merge

October 13, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market gains

October 06, 2025 / www.canadianminingreport.com

Most major producers rise but TSXV gold mixed

October 06, 2025 / www.canadianminingreport.com

Platinum, palladium, copper gain on green China, supply constraints

September 29, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok