Tag: outh Korean steel mills
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South Korea: Ferrous scrap inventory drops for 4th consecutive week
Small, medium mills face weak inventory recovery High prices inhibit buying by smaller enterprises SteelDaily: The combined ferrous scrap inventory of eight major South Korean steel mills fell by approximately 4% to 765,000 tonnes (t) this week from 799,000 t last week. This marks the fourth weekly decline in May. Region-wise inventory Central region: The…