15
Apr
14:48
Hyundai Steel raises bid for Japanese scrap
Japanese scrap prices remain strong in South Korea, Kallanish notes, after prices rose in the Japanese domestic market.
In Hyundai Steel’s latest Japanese scrap procurement auction on 15 April, the South Korean steelmaker posted a bid for Japanese H2 grade scrap at JPY 43,000/tonne ($395/t) fob. Hyundai also bid for shredded grade at JPY 47,000/t, for HS grade at JPY 48,000/t and Shindachi Bara grade at JPY 49,000/t in the same auction.
Hyundai’s H2 …
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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