Tag: Dongkuk steel scrap purchase prices

South Korea: Major steel mills to slash scrap buy prices by up to $15/t

Nov 21, 2022

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by

Anshuman

in Melting Scrap

South Korean steel mills will slash their scrap buy prices by up to KRW 20,000/t ($15/t). Hyundai Steel (at the electric mill) will cut prices from 22 Nov. Dongkuk Steel (Incheon & Pohang works), Hwan Steel, Daehan Steel, and YK Steel will cut prices from 22 Nov. Similarly, POSCO Steel will reduce scrap buy prices…