South Korea: Hyundai Steel increases Japanese scrap bids by $22/t

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South Korea’s Hyundai Steel has raised bid prices for imported Japanese scrap by JPY 3,000/t ($22/t) after a gap of more than two weeks.
Bids for H2 scrap now stand at JPY 54,000/t ($395/t), and those for HS grade are at JPY 57,000/t ($417/t) FOB.
The company has raised prices following a rise in bids in the Kanto Cheorwon tender.

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