Tag: Hyundai Steel scrap purchase price

South Korea: Steel mills reduce domestic scrap purchase prices

Nov 17, 2021

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by

Deepika Singh

in Melting Scrap

Hyundai Steel is set to lower its scrap purchase price on 23 Nov’21 for the Incheon and Dangjin works by up to KRW 10,000/t ($8/t). For the Pohang steelworks, too, prices of all grades have been reduced by KRW 10,000/t. South Korean special steels producer SeAH Besteel has also lowered purchase prices for all grades…