Tag: South Korea domestic scrap

South Korea: Major steel mills raise domestic scrap buy prices by up to $12/t

Feb 7, 2022

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by

Drishya Yadav

in Melting Scrap

Hyundai Steel, SeAH Besteel and Dongkuk Steel are raising scrap purchase prices effective 8 Feb’22, as per SteelDaily reports. SeAH Besteel is raising prices for all grades by KRW 10,000/t ($8/t) while Dongkuk’s Pohang plant has lifted prices by KRW 15,000/t ($12/t) for all grades. Hyundai Steel’s Pohang plant has increased prices by KRW 15,000…