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South Korea: Major steel mills to cut scrap buy prices by $15/t

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in Melting Scrap

South Korean steel mills will reduce their scrap buy prices by up to KRW 20,000/t ($15/t) from 25 Nov as per SteelDaily reports.
Hyundai Steel (for Incheon & Dangjin works), Dongkuk Steel (Incheon works), Hwan Steel, Daehan Steel, and YK Steel will cut prices.
Similarly, Hwanyoung Steel and Korea Steel will reduce scrap buy prices by KRW 20,000/t ($15/t).

scrap buying prices South Korea south korea domestic scrap price

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