Tag: rising steel inventory
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South Korea: Ferrous scrap inventory climbs up w-o-w as deliveries increase
Inventories rise on non-operation of production units Central region’s stocks up 3%, south sees 1.5% uptick SteelDaily: The combined ferrous scrap inventory of eight major South Korean steel mills increased by 22,000 tonnes (t) to 631,000 t this week from 609,000 t in the previous one. Domestic steelmakers’ ferrous scrap inventories increased, driven by a…