South Korea: POSCO raises bids for high-grade Japanese scrap by up to $30/t

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POSCO has raised bids for Japanese ferrous scrap by up to JPY 3,500/t ($30/t) today compared to the last bids placed on 11 Feb’22, as per a SteelDaily report.
Bids for HS material were at JPY 68,500/t CFR ($596/t), up JPY 2,500/t ($22/t), while bids for shindachi bara scrap are at JPY 68,500/t ($596/t), up JPY 3,500/t ($30/t).

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