Tag: South Korea demand and supply outlook

South Korean Hyundai Steel Abandons Bids for Japanese Scrap for 2nd Week

May 25, 2018

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by

Kedar

in Melting Scrap

Hyundai Steel aggressively plans to cut rebar production by 60,000 MT amid excessive inventories and critical deficit at Incheon, Pohang and Dangjin factories in South Korea South Korea’s leading EAF steelmaker – Hyundai Steel has abandoned its bids for Japanese scrap imports successively for the 2nd week. As per latest update received on this, Hyundai…