Export prices of Japanese H2 scrap black continued to decline to ?24,000 per tonne FOB, after Tokyo Steel reduced prices several times in September. It is reported Yieh.com.
As you know, Tokyo Steel has reduced prices seven times only in September. Currently, the prices of H2 scrap black make up ?22,500-?25,500 per tonne. This means that export prices for scrap delivered to Taiwan decreased to $345 per ton, C&F. As you know, us prices for scrap delivered to Taiwan currently account for HMS 80:20 (1&2) $360 a tonne, C&F.
MetalTorg.Ru