Tag: Hyundai steel scrap price
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South Korea: Hyundai Steel changes its scrap purchasing strategy
South Korea’s steel major, Hyundai Steel is reportedly heard to be adopting a new strategy for the scrap procurement in CY’22. The steel mill urged to take the ratio of 80:20 for domestic and imported scrap to avoid the abstract imports, as per SteelDaily reports. Including Hyundai Steel, most of the mills anticipated that scrap…