- Hyundai Steel has cut bids for Japanese scrap by JPY 500/t ($3/t) for H2 and HS-grade against the last bid on 22 Sept’22.
- Bid for H2 scrap stands at JPY 48,000/t ($332/t), while for HS the bid is at JPY 53,500/t ($370/t) FOB.
- The price fall in domestic material has slowed down even as Japanese suppliers are waiting for the Kanto tender result.
Leave a Reply