18
Aug
02:42
Hyundai Steel raises Japanese scrap purchase prices
Hyundai Steel has raised its bid prices for Japanese scrap, Kallanish notes.
The Korean steelmaker posted bids for Japanese H2 scrap on 18 August at JPY 42,500/tonne ($315/t) fob. The mill previously bid for H2 scrap at JPY 40,500/t on 21 July.
The steelmaker also bid on Thursday for H1/H2 scrap at JPY 43,000/t and shredded scrap at JPY 47,000/t. Its bid prices for HS and Shindachi grades are unchanged at JPY 48,000/t.
A South Korean trader heard that JPY 4…
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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