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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H2 (3 area average price:Kanto, Nagoya, Osaka)
H2 (special grade, domestic price)
New shredded steel scrap
High manganese steel
Industrial miscellaneous goods
H2 (Totetsu-Okayama Sea)
H2 (Totetsu Tahara Plant)
Steel scrap HMS 1&2 (80:20), cfr Vietnam,
KantoTetsugen ExportBid Price(H2 FAS)
ChubuTetsugen ExportBid Price(New shredded steel scrap FAS)
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