Tag: domestic scrap inventory
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South Korea: Ferrous scrap imports drop nearly 50% in 9MCY’24
Import arrivals impacted by Chuseok holiday Scheduled maintenance pushes down demand South Korea’s ferrous scrap imports totalled 1.48 million tonnes (mnt) in the first nine months of 2024 (9MCY’24), a significant 48% decrease compared to 2.83 mnt in 9MCY’23. According to BigMint’s data, imports increased by 20% to 0.177 mnt in September 2024 from 0.148…