SteelMint

South Korea: Hyundai Steel further hikes bids for Japanese scrap

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by

Drishya Yadav
in
  • Hyundai Steel has raised bids for Japanese scrap today by JPY 3,500/t ($30/t) for H2 grade and JPY 3,000/t ($26/t) for HS grade material compared to the last bid on 10 Feb’22, sources informed SteelMint.
  • Bids for H2 scrap are now at JPY 58,500/t ($507/t), while bids for HS scrap are at JPY 64,000/t ($555/t) FOB.
  • Bids for Shindachi bara scrap and shredded material are at JPY 64,000/t ($555/t).

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