Tag: Scrap inventory

South Korea: Steelmakers’ ferrous scrap inventory declines further by 9% w-o-w

Dec 28, 2022

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by

Reena

in Melting Scrap

South Korean steelmakers’ scrap inventory continues to decline for yet another week. Major steelmakers had 707,000 tonnes (t) of scrap stock in the fourth week of December, down by 9% w-o-w from 774,000 t recorded a week ago, as per a SteelDaily report. Most steelmakers showed a double-digit decline in their inventory. Region wise inventory- Central…