South Korea: Hyundai Steel raises bids for Japanese scrap after a week

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Hyundai Steel has increased bids for Japanese scrap by JPY 6,000/t ($44/t) for H2 and HS grades by JPY 5,500/t ($40/t) against the last bid on 1 Dec’22.
Bids for H2 scrap are at JPY 49,000/t ($356/t), while for HS the bid is at JPY 53,000/t ($385/t) FOB.
After the Kanto’s monthly export tender, Hyundai Steel raised its bids.

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