Tag: Hyundai Steel books Russian cargo

South Korean steelmaker Dongkuk Steel has booked 27,000 t of Russian A3 scrap cargo, as per Steel Daily reports. The deal has been finalised at $534/t on CFR basis. Prices are up sharply by $51/t against the previous deal concluded on 30 Sept’21. This sharp hike in Russian scrap prices was backed by rising steel…