South Korea: Major mills lift scrap purchase prices by up to $13/t

—

Hyundai Steel and Dongkuk Steel are raising scrap purchase prices effective 15 Feb’22, as per SteelDaily reports.
Dongkuk’s Pohang plant has lifted prices by KRW 10,000/t ($8/t) for all grades.
Hyundai Steel’s Incheon and Dangjin factory has increased prices by KRW 10,000/t ($8/t). However, for weight A and B prices have been raised by KRW 15,000/t ($13/t).

Comments