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04 Apr
12:29

Japanese scrap prices head south

Japanese scrap prices are sliding in the Japanese domestic market as well as in South Korea and Vietnam, Kallanish notes. South Korea’s Hyundai Steel lowered its bid price for Japanese scrap on Thursday. In its purchase auction, the leading EAF operator bid H2 and H1/H2 50:50 scrap at JPY 33,000/tonne ($296/t) and JPY 33,500/t respectively. Its bids for HS/shredded and Shindachi Bara were respectively at JPY 37,000/t and JPY 38,000/t. The bid pri…
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