Tag: Hyundai Steel Bulk Scrap Cargo
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South Korea: Hyundai Steel Books 45,000 MT Bulk US Scrap Cargo
SteelMint in conversation with sources learned that Hyundai Steel has booked 45,000 HMS 1 scrap from US recently for Oct loading and arrival in Nov. The deal was learned to have concluded at USD 275/MT, CFR basis. Global scrap prices have come down sharply. Assessment of US-origin HMS 1&2 (80:20) scrap has moved down to…