21
May
08:07
Hyundai Steel cuts Japanese scrap purchase prices
South Korea’s Hyundai Steel has trimmed Japanese scrap prices this week, Kallanish notes.
In Hyundai Steel’s latest Japanese scrap procurement auction on 20 May, the South Korean steelmaker posted a bid for Japanese H2 grade scrap at JPY 49,000/tonne ($451/t) fob. Hyundai also bid for shredded grade at JPY 53,000/t, HS grade at JPY 54,000/t and Shindachi Bara grade at JPY 55,000/t in the same auction. These bid prices are JPY 1…
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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