02
Dec
13:32
Hyundai bids lower for Japanese scrap
South Korea’s leading electric arc furnace operator, Hyundai Steel, has reduced its bid prices for Japanese scrap for its purchase auction on 2 December.
The steelmaker placed bids for H2 grade scrap at JPY 47,500/tonne ($420/t) fob Japan. It posted a bid at JPY 53,000/t fob for shredded scrap and JPY 56,000/t for HS grade scrap. It also bid at JPY 60,000/t for Shindachi Bara (loose) scrap and JPY 60,500/t for Shindachi Bundles in the same auction…
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Anonymous
Very good overview of the weekly steel market.
Anonymous