Japan’s scrap export prices continue rising

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Publish time: 15th January, 2013      Source: ChinaCCM
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It's reported that Japan's scrap export prices have continued rising since end of last year. At present, the H2 scrap export prices have reached ¥30,000/ton FOB.

It's analyzed that the increased scrap prices were boosted by depreciated Japanese Yen and surged spot iron ore prices.

Meanwhile, it's known that Japan's P&S scrap export prices to China are at US$420/ton C&F.