Tag: scrap price decline
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South Korea: Ferrous scrap inventory climbs 5% w-o-w on pre-holiday stockpiling
Scrap inventories across 8 ports rise for 5th straight week Korean steel mills prioritise inventory accumulation SteelDaily: The cumulative ferrous scrap inventory at eight major South Korean steelmakers rose for the fifth straight week in late September to about 856,000 tonnes (t), up 5% w-o-w from 815,000 t. Although the pace of buildup slowed compared…