Author: Drishya Yadav

South Korea’s Hyundai Steel hiked bids for Japanese scrap today by JPY 7,000/t ($60/t) against the last bid on 3 Mar’22. Bids for H2 grade are now at JPY 63,500/t ($544/t), while for HS grade bids are at JPY 68,500/t ($587/t) FOB. The prices are rising due to high uncertainty in the global scrap market…