- South Korean steel major POSCO has lowered bids for Japanese ferrous scrap after a gap of two months today, as per Steel Daily reports accessed by SteelMint.
- Bids have edged lower by JPY 2,500/t ($22) for shredded ferrous scrap and are now at JPY 65,500/t ($576). Bids for HS material are at JPY 68,500/t ($603).
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