Tag: Korea scrap market

Pohang inventories increased amid Hyundai Steel maintenance shutdown Rebar steelmakers’ scrap inventories fell to record lows South Korean steelmakers’ scrap inventories reversed course and increased for the first time in eight weeks, rising by 9,000 t (1.2%) w-o-w to around 791,000 t. However, market conditions remained mixed across regions and product segments, with the inventory…