- Hyundai Steel has reduced the scrap purchase price for its major plants by KRW 15,000/t ($13), effective 16 Nov’21.
- The buy price for the Dangjin steelworks has been reduced by KRW 20,000/t ($17) to KRW 610,000/t ($516), as per Korean Steel Daily reports.
- Hyundai Steel has cut prices due to accumulating inventory and planned maintenance at its Incheon plant till 6 Dec.
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