Tag: Dongkuk steel scrap purchase prices

After witnessing slow down in scrap purchase activities in last two weeks over Chinese New Lunar Year holidays, South Korean steel mills have returned to the market with increased bids for Japanese scrap by JPY 1000/MT (USD 9). South Korea’s leading electric arc furnace steelmaker – Dongkuk Steel has raised its purchase prices for Imported Japanese H2 ferrous scrap.…