South Korea: POSCO’s bids for Japanese scrap remain unchanged

  • POSCO’s bids for Japanese ferrous scrap remained at levels similar to the last bids placed on 28 Jan’22, as per a SteelDaily report.
  • Bids for HS material were at JPY 64,000/t CFR ($557/t), although the bids for shindachi bara scrap were not disclosed.
  • POSCO’s bids for HS were at par with those of Hyundai’s presented on 27 Jan.

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