Tag: South Korea Imported scrap prices
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South Korean mills raise bids for Japanese scrap
Japanese scrap export offers have increased sharply, following hike in bids in the monthly “Kanto Tetsugen” tender concluded early this week. Currently, Japanese suppliers are quoting around JPY 29,000-29,500/t ($273-278) FoB basis for H2 scrap, SteelMint learnt from traders. SteelMint assessment for Japanese scrap export offers stands at JPY 29,000/t FoB ($273), up by JPY…