Tag: Japanese H2 scrap export prices
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Why Japanese H2 Scrap Loosing Importance with South Korea Mills?
Since past few months it is observed that demand for Japanese grade H2 scrap has lowered sharply, pushing price gap between H2 and high grade scrap which has widened upto JPY 8,000/MT which was earlier at JPY 5,000/MT in Jan’18. Major EAF steelmakers in South Korea like Hyundai Steel and Dongkuk Steel have reduced purchasing…