Tag: Hyundai steel bids for Japanese scrap
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South Korea: Hyundai Steel raises bids for Japanese scrap
South Korean steel major Hyundai Steel today placed bids for Japanese ferrous scrap higher by JPY 1,000/t ($9) for all grades, as per SteelMint sources. Bids for H2 are now at JPY 47,000/t ($429), FoB. The steelmaker has raised its scrap purchase bids following the hike in bids in the Kanto tender, with the average…