Tag: Hyundai Steel scrap purchase price

Leading South Korean Steel producer Hyundai Steel has reduced domestic scrap purchase price for its Pohang unit by 10,000-15,000 won ($8-13) per tonne, with effect from 10 Sept’21. After the reduction, Hyundai Steel’s scrap buy price stands at 560,000 won/t ($481), as per latest reports. The steelmaker had earlier slashed scrap purchase prices for its…