Japanese sellers rush to trade steel scrap to South Korea at lower prices

A major South Korean steelmaker has attracted significant interest from Japanese sellers with its latest bids for steel scrap material, despite these being lower than bids from the same country last week, sources said on Friday May 27.

• Japanese vendors sell small tonnage of scrap to major South Korean mill
• China’s interest in steel scrap imports cools, domestic buying heats up

• Scrap prices in Taiwan remain stable...

Published

Lee Allen

Tianran Zhao

Olivia Zhang

May 27, 2022

14:45 GMT

London, Shanghai