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| Korea National Tender Lifts Japan Ferrous Scrap Export Price
Japanese ferrous scrap export price hit 27,000 yen per tonne for H2 grade for South Korea. Korean Public Procurement Service purchased Japanese H2 scrap at CFR US$ 320 per tonne to Busan at tender, according to Japanese source. The price represents FOB 27,200-27,300 yen per tonne, which is 300-400 yen higher than export price to Hyundai Steel in the month.  |
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