Author: Akshay
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South Korea: Hyundai Steel’s Scrap Purchase Price Falls Below 3 Year Low
Japanese Scrap purchase prices for South Korean mills have witnessed another sharp fall today, after South Korean major EAF mill, Hyundai Steel, booked Japanese H2 scrap at JPY 22,000/MT, down by JPY 1000/MT against last week’s bids. Amid quick drop in export offers of Japanese scrap confirmed by a significant fall in Japan’s both the…