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02 Feb
Japanese scrap is holding firm in East Asia, Kallanish notes. South Korea’s Hyundai Steel bid on Thursday for Japanese H2 scrap at JPY 52,000/tonne ($405/t) and H1/H2 at JPY 52,500/t. Its bid for shredded grade scrap was JPY 54,500/t and HS scrap at JPY 56,000/t. These are on an fob Tokyo basis. Meanwhile, the Japanese Kansai export tender settled the day before at JPY 51,620/t fas. The awarded 3,000-tonne cargo is likely to be shipped to Sou…
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Anna Low Singapore
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