South Korea: Hyundai Steel’s bids for Japanese scrap remain unchanged

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Hyundai Steel has kept bid prices unchanged today as against the last set of bids it presented on 31 Mar’22.
Bids for H2 scrap are now at JPY 66,000/t ($534/t), while those for Shindachi bara are at JPY 73,500/t ($594/t) FOB.
Amidst bulk scrap bookings from the USA and a conservative outlook on new contracts, Hyundai has kept bids unchanged.

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