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Tag: South Korea bid for Japanese scrap

  • South Korean mill raises bid for Japanese scrap

    South Korean mill raises bid for Japanese scrap

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    by

    Reena
    in

    South Korea-based Daehan Steel mill has raised its bids for Japanese scrap purchase by JPY 2,000/t ($19) as compared to last week’s bid made by Hyundai Steel, SteelMint learned from its credible sources. The bid for H2 is now set at JPY 42,500/t ($400) FoB level. Hike in global scrap prices and demand-supply mismatch in…