South Korea: Hyundai Steel raises bids for Japanese scrap

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South Korean steel major Hyundai Steel has increased bids for Japanese ferrous scrap today.
Bids have gone up by JPY 2,500/t ($22) for H2 grade scrap and are now at JPY 54,500 ($478) compared to the last bid on 14 Oct’21.
Bids have risen in view of the recent price increase by Tokyo Steel and rising bids at the Kansai scrap tender.

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