Tag: south korea billet imports

South Korea’s ferrous scrap imports declined significantly by 46% m-o-m in May reaching 118,076 tonnes (t) compared to 219,757 t in April 2024. However, y-o-y imports, dropped by 62% from 311,983 t in the previous year. For the first five months of this year, total scrap imports amounted to 0.84 million tonnes (mnt), marking a…