Tag: scrap steel demand
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South Korea: Ferrous scrap inventory dips for first time since early Oct’24
SteelDaily: This week, the combined ferrous scrap inventory of eight major South Korean steel mills, which had been rising since early October 2024, decreased by 6.3% to 754,000 tonnes (t) from 805,000 t in the previous week. The fall comes in the wake of inventory adjustments and production curbs undertaken by manufacturers. Both the southern…