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UTC+8 ( BJT)

WEEKLY: Japan's domestic H2 scrap price down $8.7-21.9/t

ABSTRACT

Over December 20-24, Japan's H2 grade scrap prices for domestic sales declined by Yen 1,000-2,500/tonne ($8.7-21.9/t) on week mainly due to the easing supply tightness, while export prices had remained flat since the second week of December, according to sources.
On December 23, Hyundai Steel, South Korea's leading electric-arc-furnace mill, placed a bid for Japanese H2 material at Yen 47,000/t FOB, unchanged from its bids on December 16 and December 10, while the company trimmed its bids for HS grade scrap by Yen 1,000/t to Yen 54,000/t FOB, and skipped

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