Dongkuk Steel settles scrap price with Japan
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Thursday, 02 Jul 2009
It is reported that Dongkuk Steel purchased H2 scrap from Japan at JPY 27,200 per tonne CNF, a bit higher than previous ones. Currently, H2 scrap base price was JPY 25,000 to JPY 25,500 per tonne
On the other hand, American scrap prices are expected to rise again in July on increased demand and tight supply.
