Tag: Hyundai steel bids for Japanese scrap

South Korean steel major, Hyundai Steel, has reduced bids for Japanese ferrous scrap by JPY 1,500/t ($14) against the last bid placed on 29 Jul’21, sources confirmed. Bids for the most-preferred H2 scrap are now at JPY 45,500/t ($415) FoB. Bids for premium Japanese Shindachi bara scrap remain unchanged at JPY 64,000/t FoB ($584). Prices…