Tag: Hyundai steel bids for Japanese scrap

South Korea: Hyundai Steel cuts scrap bids by $3/t

Oct 6, 2022

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by

Deepika Singh

in Melting Scrap

Hyundai Steel has cut bids for Japanese scrap by JPY 500/t ($3/t) for H2 and HS-grade against the last bid on 22 Sept’22. Bid for H2 scrap stands at JPY 48,000/t ($332/t), while for HS the bid is at JPY 53,500/t ($370/t) FOB. The price fall in domestic material has slowed down even as Japanese…