Tag: Busan steel industry
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South Korean steelmakers’ scrap inventories fall despite aggressive buying
South Korean mills scrap inventories extend decline amid tight supply Strong mill consumption continues to pressure domestic scrap availability SteelDaily: Scrap inventories at 11 major South Korean steelmakers continued to decline this week, falling by 26,000 t (3.2%) w-o-w to around 782,000 t. Although the pace of decline slowed compared to the previous week, inventories…