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09 Jun
10:22

Hyundai raises Japanese scrap price after Kanto tender

Kanto Tetsugen's recent monthly export auction closed marginally higher for Japanese H2 grade scrap from Tokyo Bay, Kallanish notes. On the same day, Hyundai Steel increased its Japanese scrap purchase prices by JPY 1,000/tonne ($9) in its latest procurement auction. The Kanto Tetsugen Cooperative Association auction on 9 June awarded Nippon Steel Trading Corp a 7,500-tonne parcel at JPY 49,195/t ($449/t) fas for H2 grade scrap. Trading sou…
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