JMB reported that Japanese export of mixed metal scrap, excluding shredder dust, bound for China shows a recovery sign. Bulk carriers'' demurrage is gradually solved at Chinese quays and Japanese exporters are restarting scrap shipment.
However, many Japanese exporters suppose Chinese actual demand for metal scrap still maintains weak. Japanese exporting price levels off due to tax base upsurge at Chinese customs. Japanese export of mixed metal scrap and copper scrap would upturn in late April at earliest.