Tag: scrap iron intake control
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South Korea: Ferrous scrap inventory falls 3.8% w-o-w amid production cuts
Scrap stocks remain below 800,000 t for 3 straight weeks Mills intent on reducing inventory, tightening scrap intake SteelDaily: This week, the combined ferrous scrap inventory of eight major South Korean steel mills saw a slight 3.8% decrease to 724,000 tonnes (t), compared to the previous week’s 784,000 t. This implies that stocks have remained…