29
Jul
15:16
Hyundai cuts bid price for Japanese scrap
South Korea’s Hyundai Steel has lowered its bid price for Japanese scrap, Kallanish understands.
The steelmaker placed bids for H2 grade scrap at JPY 47,000/tonne ($428/t fob Japan or $463 cfr South Korea) and for H1 scrap at JPY 48,000/t fob. It also posted a bid at JPY 57,000/t fob for shredded grade scrap, JPY 60,000/t for HS grade scrap, JPY 64,000/t for loose Shindachi scrap and JPY 65,000/t fob for bundled Shindachi scrap.
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Anonymous
Very good overview of the weekly steel market.
Anonymous