Tag: Pohang Offshore Yard

South Korea: Major mills reduce scrap procurement prices by up to $7/t

Nov 13, 2024

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by

Adarsh Ramteke

in Melting Scrap

Major South Korean mills trimmed scrap procurement prices by about $7/t. SeAH Besteel: Reduction of KRW 10,000/t ($7/t) for most grades, effective 13 Nov’24; only compressed pig iron cut by KRW 5,000/t ($3/t). Daehan Steel, YK Steel, POSCO Gwangyang, Pohang Offshore Yard, Korea Iron and Steel, SeAH Changwon: Reduction of KRW 10,000/t ($7/t) for most…