Tag: Increased scrap supply market impact
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South Korea: Scrap iron arrivals at major ports exceed 40,000 t
POSCO resumes imports after month-long pause Increased supply may pressure market sentiment SteelDaily: South Korea’s major ports recorded 41,800 tonnes (t) of imported scrap iron arrivals in the fourth week of April, largely driven by POSCO resuming its imports after a month-long pause. Port-wise arrivals Various grades of scrap iron arrived steadily through key ports,…