Tag: Hyundai Steel scrap purchase price

Hyundai Steel Bids for Japanese Scrap Fall to Over 3-Years Low

Mar 24, 2020

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by

Reena

in Melting Scrap

South Korean steelmakers lowered their scrap purchase bids again for Japanese scrap this week. In bid presented by Hyundai Steel for Japanese H2 scrap procurement, the price moved down by around JPY 1000/MT (USD 9) to JPY 21,000/MT (USD 190) FoB Japan, as compared to JPY 22,000/MT bids presented on 12th Mar’20. Notably, Japanese scrap…