Tag: HRS 101
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China: Bids for Japanese scrap rise $10/t on week
Bids by Chinese steel mills for the preferred Japanese HRS 101 grade scrap have moved up further by $10/t, w-o-w, SteelMint learnt from sources. Currently, bids for Japanese HRS 101 scrap are at $530/t, CFR China, and offers remain at $550/t, CFR, week-on-week. Bid-offer disparities have restricted Chinese mills from finalising deals from Japanese scrap…