Tag: Japan scrap export prices
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South Korea’s Hyundai Steel lifts bids for Japanese scrap, domestic prices follow suit
Offers to China rise on bullish sentiments. South Korean mills raise bids for Japanese scrap by $64/t. Tokyo Steel raises scrap purchase price thrice this week. Japanese scrap export prices have jumped after the hike in the Kanto Tetsugen auction. Suppliers are very active, booking bulk scrap cargoes. Bullish sentiments in the global scrap market…