Japan’s ferrous scrap export prices follow currency’s slide

Nov 30, 2012 | 01:11 PM |

Tags  Japanese scrap, scrap exports, ferrous scrap, heavy melt, H2 scrap, Japan Ferrous Raw Materials Association

TOKYO — Japanese scrap export prices started to fall in late November on the falling value of the yen and the rise of the South Korean won.

After three weeks of increases, prices in recent deals to South Korea have fallen by 500 yen ($6) per tonne for H2-grade scrap (a mix of No. 1 and No. 2 heavy melt) to a....

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