30
Nov
11:03
Hyundai Steel ups bid prices for Japanese scrap
South Korea’s Hyundai Steel has raised its bid prices for Japanese scrap, Kallanish notes. It had previously kept its prices for H2 scrap unchanged for three consecutive weeks.
The Korean steelmaker bid on Wednesday for Japanese H2 scrap at JPY 43,000/tonne ($309/t) and H1/H2 at JPY 43,500/t, up JPY 2,000/t from its previous purchase auctions on 25, 18 and 11 November. Its bid for HS grade scrap was at JPY 47,500/t. These are on an fob Tokyo basis.
Lea…
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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