Tag: Hyundai Steel books Russian cargo

South Korea: Hyundai Steel books Russian bulk scrap cargo

Mar 25, 2021

—

by

Reena

in Melting Scrap

South Korean steel major- Hyundai Steel has booked Russian bulk scrap cargo recently, as per SteelDaily report. The cargo comprises around 35,000 t of Russian A3 scrap and the deal concluded at $425/t CFR basis for May’21 delivery. This may keep Japanese scrap prices under pressure.