Tag: Huundia Steel Scrap Price

South Korean steelmakers lowered their scrap purchase bids again for Japanese scrap this week. In bid presented today by Hyundai Steel for Japanese H2 scrap procurement, with the price moving down by around JPY 500/MT (USD 5) to JPY 18,500/MT (USD 171) FoB Japan, as compared to JPY 19000/MT bids presented previously (not an open bid). Notably, the…