- Hyundai Steel is set to lower its scrap purchase price on 7 Dec’21 for the Incheon and Dangjin works by up to KRW 10,000/t ($8/t), as per Steel Daily.
- After the price cut, the purchase price of heavy A scrap is at KRW 590,000/t ($501/t).
- For the Dangjin works, compression A and B prices have been reduced by KRW 15,000/t ($13/t).
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