23
Feb
06:54
Hyundai bids Japanese scrap higher
South Korea’s leading EAF mill, Hyundai Steel, has raised its Japanese scrap buying prices, Kallanish notes. The leading EAF mill had lowered its bid prices for four consecutive weeks previously.
Hyundai announced Friday that it was raising its bid prices by JPY 1,500/tonne ($14/t) for all grades of Japanese scrap in its latest weekly auction. The South Korean mill’s bid price for Japanese H2 scrap was JPY 35,500/t fob compared to…
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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