The recent data published by the Japanese Ministry of Finance (MoF) indicates that stainless steel scrap exports from the country surged higher during the month of November last year.
Japan’s exports of stainless steel scrap during November’14 totalled 9,974 tonne, increasing by 30% when compared with the exports during the previous month. The country had exported 7,672 tonne of stainless steel scrap during October 2014.
However, the average export prices were up marginally by 0.8% over the previous month to JPY 132,392 per ton during Nov ’14. The cumulative exports during the initial eleven-month period from January to September this year totalled 98,404 tons.
Source – Scrap Monster
Zhejiang Yaang Pipe Industry Co., Limited