Tag: South Korea Imported scrap prices

As per recent reports, South Korean leading EAF steelmaker, Hyundai Steel has lowered open bids for Japanese scrap by another JPY 500/MT (USD 4.47) again this week following softening Japanese domestic scrap prices. In bids presented today for Japanese scrap, the company has reduced H2 bids to JPY 32,500/MT (USD 291), FoB Japan against JPY…