South Korea: Hyundai Steel Skips Bidding for Japanese Scrap; Books US Cargo

Mining News Pro - South Korea’s leading EAF steelmaker - Hyundai Steel has suspended its bids for all grade of Japanese scrap for almost three consecutive weeks amid sufficient inventories and ample numbers of contracts in hand. Hyundai Steel seems not interested to accept the price expectations from Japanese scrap suppliers which have moved up due to rising domestic scrap prices in major regions like Kanto and Gulf in Japan.

South Korea: Hyundai Steel Keeps Bid Prices Unchanged for Japanese Scrap

Mining News Pro - South Korea’s leading EAF steelmaker - Hyundai Steel has presented bids for Japanese scrap today. As per updates received on this, Hyundai Steel has kept bids unchanged for all grades of Japanese scrap.

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