09
Sep
14:41
Hyundai books bulk US scrap
Another South Korean mill ordered bulk US scrap late last week, Kallanish understands. Import buying has kicked off in South Korea after a period of inactivity since mid-August.
Hyundai Steel booked a 40,000-tonne cargo around the same time as Korean mill Dongkuk Steel, trading sources said on Monday. The leading EAF mill’s cargo comprises around 20,000t of HMS, of which 80% is HMS 1 at $280/tonne cfr, and 20% is HMS 2 at $275/t cf…
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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