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November 22, 2008


Ferrous scrap export price hits JPY 44,300 a tonne in Osaka

Ferrous scrap export successful bid was JPY 44,300 per tonne for H2 grade at tender held by Osaka based dealers' group.

Tokyo based trader won the tender to ship 3,000 tonnes by October 16th 2008. The higher export price than local market could support the local market.