Tag: Imported scrap South Korea

South Korea’s ferrous scrap import observed a steep decline of 33% and stood at 0.81 mn t in Q1 CY’21 against CPLY. Notably, scrap imports have dropped to a five-year low, as per the data maintained with SteelMint. Similarly, monthly scrap imports were recorded at 0.29 mn t in Mar’21 as against 0.34 in Feb’21,…