Tag: South Korea ferrous scrap imports

South Korea’s leading EAF steelmaker – Hyundai Steel has presented bids for Japanese scrap today. According to reports, the steelmaker has slashed bids for Japanese scrap further by JPY 500/MT (USD 4) during price negotiations. Hyundai’s bids for Japanese H2 dropped to JPY 30,000/MT (USD 266), FoB levels as against the last week’s report of…