South Korea: Hyundai Steel trims Japanese scrap bids by up to $13/t

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South Korea’s Hyundai Steel has decreased bid prices for imported Japanese scrap by up to JPY 1,700/t ($13/t) after a gap of two weeks.
Bids for H2 scrap now stand at JPY 52,300/t ($402/t) FOB and those for HS grade at JPY 56,300/t ($433/t) FOB.
The company has trimmed prices amid lower prices of domestic scrap.

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