Tag: POSCO bids for japanese scrap

South Korea: POSCO raises bids for Japanese scrap by $4/t

Jan 28, 2022

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by

Deepika Singh

in Melting Scrap

POSCO has increased bids for Japanese ferrous scrap by JPY 500/t ($4/t) compared to the last bids placed on 21 Jan’22, as per a SteelDaily report. Bids for shredded scrap are now at JPY 62,000/t CFR ($538/t) and for HS material at JPY 64,000/t CFR ($555/t). With the hike in bids by Hyundai Steel, POSCO…