Tag: south korea domestic scrap price
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South Korea: Major mills lift scrap purchase prices by up to $13/t
Hyundai Steel and Dongkuk Steel are raising scrap purchase prices effective 15 Feb’22, as per SteelDaily reports. Dongkuk’s Pohang plant has lifted prices by KRW 10,000/t ($8/t) for all grades. Hyundai Steel’s Incheon and Dangjin factory has increased prices by KRW 10,000/t ($8/t). However, for weight A and B prices have been raised by KRW…