Tag: Pohang scrap market

Distributors release more volumes amid price peak expectations Restart of Hyundai Steel’s plant drives Pohang stock growth SteelDaily: South Korean steelmakers’ scrap inventories rose for a third consecutive week, increasing by 53,000 t (6.4%) w-o-w to 884,000 t as of 9 June. The increase was driven by distributors releasing more scrap volumes into the market…