18
May
10:33
Japanese scrap market hints at stabilisation
South Korea's Hyundai Steel has further reduced its bid prices for Japanese scrap, Kallanish notes. Japanese scrap has been falling in recent months but there are now some signs of price stability.
The South Korean steelmaker's bids on 18 May were at JPY 45,800/tonne ($333/t) for H2 grade scrap, and at JPY 46,300/t for H1/H2 grade. Its bids for shredded and HS grades were at JPY 48,300/t and JPY 49,800/t respectively. These bids were each lo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous