Tag: Japan domestic scrap prices

South Korean Hyundai Steel Cuts Bid for Japanese Scrap by USD 9

Nov 30, 2018

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by

Kedar

in Melting Scrap

South Korea’s leading EAF steelmaker – Hyundai Steel presented bids for Japanese scrap yesterday. According to reports, the steelmaker has slashed bids for Japanese scrap by JPY 1,000/MT (USD 9) as against last weeks’ report following which Japan’s domestic scrap prices likely to decline further. Hyundai Steel has placed bid for Japanese H2 scrap at JPY…