Tag: scrap buying prices

South Korea: Major steel mills to cut scrap buy prices by $15/t

Nov 24, 2022

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by

Anshuman

in Melting Scrap

South Korean steel mills will reduce their scrap buy prices by up to KRW 20,000/t ($15/t) from 25 Nov as per SteelDaily reports. Hyundai Steel (for Incheon & Dangjin works), Dongkuk Steel (Incheon works), Hwan Steel, Daehan Steel, and YK Steel will cut prices. Similarly, Hwanyoung Steel and Korea Steel will reduce scrap buy prices…