Tag: hyundai scrap price cuts

South Korea: Hyundai Steel to cut scrap procurement prices by $14/t

Sep 22, 2022

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by

Anshuman

in Melting Scrap

South Korean steel major Hyundai Steel is likely to cut scrap purchase prices, as per SteelDaily reports. The company may cut prices for its Pohang plant by KRW 20,000/t ($14/t) of all grades, effective from 28 Sept. The company has also lowered bids for Japanese H2 scrap today.