Russian scrap prices fall in a recent deal for South Korea

South Korean steel major Hyundai Steel has booked a Russian bulk scrap cargo, as per latest reports tracked by SteelMint. The cargo comprises 35,000 t of Russian A3 scrap and the deal was finalised at $499/t, CFR level. Prices have decreased by $6/t against the last deal concluded by Dongkuk for 12,000 t at $505/t, reported early last week.