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Japanese H2 scrap quotes to Taiwan at US$420~US$425/ton C&F
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It’s reported that the Japanese H2 scrap export quotes to Taiwan are at US$420~US$425/ton C&F currently, which are unfavorable to the Taiwanese steel mills.
Traders indicated that the Taiwanese steel producers bid US$415/ton C&F for the Japanese H2 scrap.
It’s known that the Japanese H2 scrap export prices have dipped recently after Tokyo Steel cut the scrap purchase prices for consecutive three times to ￥28,500~￥31,000/ton.
News Date
5/31/2012 8:55:04 AM
reported by
Piper
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