16
Jun
06:16
Hyundai raises bid prices for Japanese scrap
South Korea's Hyundai Steel has increased its bid prices for Japanese scrap, Kallanish notes. Japanese scrap prices have risen in the past month.
The South Korean steelmaker's bid on 16 June for Japanese H2 scrap was JPY 48,200/tonne ($342/t) fob, up JPY 2,400/t from its previous auction on 18 May (see below).
Over the past month, Tokyo Steel's scrap procurement prices have risen. The leading Japanese EAF operator is currently pay…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous