Recently, South Korean Hyundai Steel purchased the H2 scrap from Japan with prices of ￥26,500~￥27,000/ton FOB. Besides, the firm is mulling to buy the P&S and Shindachi scraps from Japan.
It's known that Hyundai Steel bid ￥29,000/ton FOB and ￥29,500/ton FOB for the Japanese P&S scraps and Shindachi scraps respectively on July 19th.