South Korea: Ferrous scrap imports drop by 11% m-o-m, in Apr’22

  • South Korea imported 0.5 mnt of scrap in April 2022 against 0.56 mnt in March, a drop of 11% m-o-m, as per data maintained with SteelMint.
  • Imports from Japan remained high at 0.36 mnt, followed by Australia and Russia with 0.05 mnt and 0.04 mnt in April.
  • Interestingly, on a y-o-y basis, imports increased significantly by 28% from 0.39 mnt.

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