Tag: Hyundai steel domestic scrap

South Korea’s major steel mill Hyundai Steel will cut its scrap purchase prices on 2 Jun’22 for the Dangjin, Incheon and Pohang steelworks, as per Steel Daily. The company will slash purchase prices of all grades of scrap by KRW 10,000/t ($8/t). With this cut, the price of weight A scrap is at KRW 632,000/t…