Tag: south korea domestic scrap price

South Korea: Major mills lower scrap buy prices by up to $15/t

Jul 13, 2022

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by

Deepika Singh

in Melting Scrap

South Korean steel majors – Hyundai Steel, POSCO, and Dongkuk Steel – announced to cut domestic scrap prices of all grades, effective from 15 July, as per Steel Daily. Hyundai Steel has trimmed prices by KRW 10,000/t ($8/) for Pohang, Dangjin, and Incheon steelworks and Dongkuk Steel has cut prices by the same proportion for…