Tag: POSCO domestic scrap price
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South Korea: POSCO lifts domestic scrap purchase prices
POSCO, South Korea’s leading steelmaker, has lifted its scrap purchase prices, as per latest reports by Steel Daily. The purchase price for POSCO’s Gwangyang works has been increased by KRW 15,000/t ($13). Currently prices for compressed saengcheol scrap is at KRW 680,000/t ($575). While KRW 620,000/t ($524) is the price of weight A material, lightweight…