Tag: Chuseok steel demand outlook

South Korea: Ferrous scrap inventory rises by 1.9% w-o-w amid stagnant rebar prices

Sep 12, 2025

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by

Adarsh Ramteke

in Melting Scrap

Scrap inventories climb up for 2nd straight week Sellers boost shipments to meet cash flow needs SteelDaily: The cumulative ferrous scrap inventory at eight major South Korean steelmakers rose for the second straight week to about 734,000 tonnes (t) in the second week of September, up 1.9% from 720,000 t in the previous week. The…