- South Korean major steel mills decided to postpone scrap procurement till next week while some mills will continue purchasing, as per Steel Daily reports.
- Dongkuk’s Incheon plant, POSCO, and SeAH Besteel will resume scrap purchases from next week.
- In contrast, Hwan Steel decided to raise its scrap procurement prices by KRW 10,000/t ($7/t), effective 17 Sep’22.
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