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Iron Scrap's 'Plateau Market' Blind Spot: Export Shippers Squeezed by Negative Margins and Looming Export Rules

04/28/2026 06:06
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The iron scrap market has been on an upward trajectory for the past year, maintaining a 'plateau market' at elevated price levels. But behind what appears on the surface to be a buoyant market, Japan's export shippers (vessel loading operators) are in fact struggling with a serious predicament.
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