Tag: Hyundai steel ferrous scrap purchase bid

South Korea: Hyundai Steel cuts bid for Japanese scrap by $14

Mar 11, 2021

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by

Reena

in Melting Scrap

South Korean mill – Hyundai Steel has reduced its bids for Japanese scrap by JPY 1,500/t ($14) for all grades, sources have confirmed to SteelMint. The bid for H2 is now set at JPY 42,000/t ($392) FoB level, down against its last bid presented on 04th Mar’21. With yesterday’s Kanto Tetsugen export tender fetching lower…