Japan’s scrap prices resume upward trek

Sep 30, 2013 | 09:54 AM |

Tags  Japan scrap, scrap prices, heavy melt, ferrous scrap, Japan Ferrous Raw Materials Association

TOKYO — Japan’s domestic scrap prices rallied in the last week of September after falling the previous week.

The national average price paid by mini-mills for H2-grade scrap (a mix of No. 1 and No. 2 heavy melt) rose 305 yen ($3) per tonne to 32,951 yen ($335) per tonne, led by an increase of 666....

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