Export prices for bulk cargoes of Japan-origin scrap increased again over the past week, with continued low supply combining with firm demand, market participants told Fastmarkets.
Fastmarkets' price assessment for steel scrap H2, export, fob main port Japan, was ?24,500-25,000 ($229-234) per tonne on Wednesday July 22, up by ?1,500 per tonne week on week.H2 bids from South Korea were heard at ?23,500 per tonne...