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13 Apr
09:15

Japanese scrap prices rise in South Korea

Japanese scrap prices have edged higher in South Korea compared to last month. Scrap prices are still firm in the region, Kallnaish notes. Daehan Steel placed a bid for Japanese H2 scrap at JPY 43,000/tonne ($393/t) fob Japan on 12 April. The South Korean mill is heard to have secured 10,000 tonnes with its bid. Daehan’s bid price is the highest of the Korean mills, a Seoul-based trader notes. No orders have been heard for Japanese scrap in the Sou…
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