Tag: SeAH besteel scrap
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South Korea: Steelmakers struggle to maintain inventories amid scrap shortage
South Korea’s largest scrap consumer and major steelmaker is struggling to replenish scrap stocks due to low supply. As of 12 October, 111,518 t of imported scrap was unloaded and anchored at the major ports, according to a SteelDaily report. Hyundai Steel: For Hyundai Steel, a total of 11 small cargoes are reportedly arriving, including…