Tag: SeAH besteel scrap
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South Korea : Major steel mills to cut prices up to $15/t
South Korean steel mills will reduce their scrap buy prices by up to KRW 20,000/t ($15/t). Hyundai Steel (Incheon & Dangjin works) will cut prices by KRW 10,000/t ($7/t) from 18 Nov. Dongkuk Steel (Incheon works), and SeAh Besteel, will cut prices by KRW 10,000/t, and KRW 15,000/t($11/t) respectively, from 19 Nov. Daehan, YK, and…