Steel scrap export offers from Japan remain firm amid tight domestic supply

Offer prices in the Japanese steel scrap export market were at high levels in the week to Wednesday September 20. Tight domestic scrap supply pushed up prices in the dockside market, which also raised suppliers’ targets for export offers, according to market sources.

Domestic scrap prices in the Kanto area were at least ¥50,000-50,500 ($338-342) per tonne FAS for H2 grade, ¥54,500-55,000 per tonne FAS for heavy scrap (HS), and ¥53,000 per tonne...


Tianran Zhao

September 20, 2023

11:38 GMT