Tag: Hyundai steel bids for Japanese scrap

South Korea: Hyundai Steel cuts purchase prices for Japanese scrap amid rising domestic prices

Dec 27, 2022

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by

Anshuman

in Melting Scrap

Hyundai Steel lowered its scrap purchase bids for Japanese material today compared to the previous bid on 20 December 2022, as per sources. The steelmaker has presented bids for higher grade material including H2 at JPY 49,000/t, down by JPY 1,000/t against the last bid. The bid is for February shipment deals. The rise in…