Tag: Hyundai steel ferrous scrap purchase bid

South Korea: Hyundai Steel reduces bids for Japanese scrap

Jul 29, 2021

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by

Deepika Singh

in Melting Scrap

South Korean steel major, Hyundai Steel, has reportedly lowered bids for Japanese ferrous scrap by up to JPY 1,000/t ($9) against the last bid placed on 9 Jul’21, SteelMint learnt from sources. Bids for the most-preferred H2 scrap are now at JPY 47,000/t ($428) FoB. The bids presented are down by JPY 500/t ($4) against…