Tag: Japanese scrap price
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South Korea: Hyundai Steel Holds Japanese Scrap Purchase Bid Unchanged
After successive price cuts since past three months, bids remained unchanged this week indicating Japanese scrap prices could have reached the temporary bottom. South Korean leading EAF steelmaker – Hyundai Steel has kept the bids for Japanese scrap purchase unchanged on a weekly basis. The company has presented a bid of JPY 27,000/MT (USD 249)…