Hyundai Steel cuts Japanese scrap purchase prices
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Update time : 2023-07-14 21:45:35
South Korea's Hyundai Steel has lowered its bid prices for Japanese scrap, Kallanish notes. The South Korean steelmaker's bid on 13 July for Japanese H2 scrap was at JPY 47,700/tonne ($344), down JPY 500 from its previous auction on 23 June. Its bid prices for H1/H2, shredded scrap and HS scrap are at JPY 48,200/t, JPY 51,500/t and JPY 52,500/t respectively (see below). Meanwhile, Posco International tendered bids on the same day for shred…
