Usually this is the time of year that China shuts down completely for the next 2-3 weeks. There is no communication or activity out of their mills.
I have said in previous DD’s, if China is buying before the end of Lunar New Year it’s a super bullish sign.
Well, they waited a day and then Turkey countered.
I said this was a game of chicken on many levels.
JAPAN STEEL SCRAP: Prices get boost from Kanto auction,
Export prices for Japan-origin steel scrap rose again over the seven days to Wednesday January 10 following a strong result in the Kanto Tetsugen auction and continued buying from China.
The highest bid in the auction - which is a cooperative of scrap dealers in the Tokyo region - came in at \39,271 ($375) per tonne fas on Wednesday.
That price was down by \5,480 per tonne month on month from January's auction. Despite that, the auction results BOOSTED export prices because the cargo was sold at a price HIGHER than dockside scrap prices earlier this week.
Following the result, sources said that a rise in collection costs meant that suppliers would only accept H2-grade material at \40,000-41,000 per tonne fob, whereas offers earlier in the week had been heard at \42,000-43,000 per tonne cfr South Korea, including freight costs of around \2,000 per tonne.
Fastmarkets' price assessment for steel scrap H2, export, fob main port Japan, was \40,000-41,000 per tonne on Wednesday, up by \3,000-4,000 per tonne from \36,000-38,000 per tonne one week before.
Higher offer prices restrict activity But the rise in offer prices has reduced any possibility of sales to markets such as South Korea and Taiwan in recent days, sources said.
Offers for Shindachi bara were heard at \46,000 per tonne fob earlier in the week to South Korea, WHILE BIDS FROM China OUTMUSCLED any other buyer over the week at \44,000-45,000 per tonne fob.
This brought the price assessment for steel scrap, Shindachi, export, fob main port Japan, to \45,000-46,000 per tonne on Wednesday, up by \5,000-6,000 per tonne from \39,000-41,000 per tonne one week before.
The market for heavy scrap (HS), known outside Japan and China as plate and structural scrap (P&S), continues to be where the greatest trading activity is, following a raft of deals to China in recent weeks.
Japanese HS was heard sold to China early this week at \45,000 per tonne fob, up from a sale last week at \42,000 per tonne fob, Fastmarkets heard. Another transaction for 2,000 tonnes of Japan-o... keep reading on reddit ➡
Should I wait or go with another color?
The title says it all...
The first two are fresh. The 3rd is around new years after I cut my hair (and found out its curly?!) and the last is today before I showered! sorry its a lil dirty
I'm super impressed with this dye! It hasn't left any green on my pillows or clothes and it never stained my skin! Its color has lasted super super long. I do wash my hair only a few times a week in normally quite cold water, however, I've been pretty lenient on the temperature and taking the occasional lukewarm shower and it's still been awesome! It does still run in the water when it is shampooed, but not a crazy amount! Very very happy with it! The dark green has definitely been the better fade out as it really hasn't changed, but the light green does well! Its just become a bit dull and more yellow. (I had pink and purple under this btw)
10 out of 10 !!!
Here is the link to the images hair pictures