Tag: KRW 5/kg

South Korea’s leading steel producers will cut steel scrap purchase prices by KRW 10/kg ($7/t) across grades. Hyundai Steel’s Incheon and Dangjin plants will implement the reduction from 26 Apr’25. POSCO’s Pohang and Gwangyang plants will cut prices from 24 Apr, with Gwangyang Steelworks and Pohang SRDC lowering prices for lightweight products by KRW 5/kg…