Author: Lalita
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South Korea: Mills’ scrap consumption expected to rise to 30% in coming years
Scrap demand of South Korean steel mills is expected to increase to 30% to around 7 million tonnes (mn t) in the years to come, as per a SteelDaily report. South Korean steel giants POSCO and Hyundai Steel have already scaled up efforts to reduce hot metal production in blast furnaces in a bid to…