13
Jul
05:57
Hyundai Steel cuts Japanese scrap purchase prices
South Korea's Hyundai Steel has lowered its bid prices for Japanese scrap, Kallanish notes.
The South Korean steelmaker's bid on 13 July for Japanese H2 scrap was at JPY 47,700/tonne ($344), down JPY 500 from its previous auction on 23 June. Its bid prices for H1/H2, shredded scrap and HS scrap are at JPY 48,200/t, JPY 51,500/t and JPY 52,500/t respectively (see below).
Meanwhile, Posco International tendered bids on the same day for shred…
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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