Tag: South Korea ferrous scrap imports
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South Korea: Hyundai Steel Skips Bidding for Japanese Scrap; Books US Cargo
South Korea’s leading EAF steelmaker – Hyundai Steel has suspended its bids for all grade of Japanese scrap for almost three consecutive weeks amid sufficient inventories and ample numbers of contracts in hand. Hyundai Steel seems not interested to accept the price expectations from Japanese scrap suppliers which have moved up due to rising domestic…