Tag: Hyundai Steel Bulk Scrap Cargo
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South Korea: Hyundai Steel Slashes Bid for Japanese Scrap by USD 9
As per recent reports, South Korean leading EAF steelmaker, Hyundai Steel has lowered open bids for Japanese scrap by JPY 1000/MT (USD 9) following softening Japanese domestic scrap prices. In bids presented today for Japanese scrap, the company reduced H2 bids to JPY 33,000/MT (USD 296), FoB Japan against JPY 34,000/MT, FoB level last week.…