Hyundai Steel bid for Japanese scrap

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Publish time: 1st August, 2012      Source: ChinaCCM
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It's reported that South Korean Hyundai Steel bid ¥26,500~¥27,000/ton for the Japanese H2 scrap, remaining flat in comparison of the purchase prices in a week earlier.

At the same time, the company also bid ¥30,000/ton FOB and ¥30,500/ton FOB for the Japanese P&S scrap and Shindachi scrap, rising by ¥500/ton respectively from the previous week