China blast furnace

South Korea: Major steel mills raise scrap purchase prices by $8/t

  • South Korean steel producers increases their scrap purchase prices by up to KRW 10,000/t ($8/t) with effect from 18 March’23, as per a SteelDaily report.
  • Daehan Steel and SeAH Steel plants increases scrap prices by KRW 10,000/t.

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