SteelMint Daily Trade Sheet - 13 Jan'22

South Korean steel majors lifted domestic and imported scrap purchase prices after surge in Kanto tender bids.

Vietnam's Hoa Phat slashed monthly HRC offers by around $65/t.

Domestic sponge iron and semi-finished steel prices remained supported on higher input costs and optimistic market sentiment.

The below sheet summarises confirmed trades/offers of iron and steel products collected by SteelMint to help our users keep track of day-to-day trade dynamics.