Tag: Hyundai Steel scrp price

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 to JPY 25,500/MT (USD 234) FoB Japan, as compared to JPY 26,500/MT bids reported in Dec’19. Meanwhile, another major South Korean steelmaker YK…