Tag: Japan export offers

  • South Korean mills lower bids for Japanese scrap

    South Korean mills lower bids for Japanese scrap

    Bids for Japanese scrap have observed a significant correction this week. Hyundai Steel- South Korea’s major steelmaker, has lowered bids for Japanese scrap by JPY 1,000-1,500/t ($10-14) yesterday as compared to its last bid presented on 24th Sep, traders have reported to SteelMint. The current bids for H2 scrap stand at JPY 26,000/t ($247) FoB…