Tag: South Korea: Ferrous scrap imports volume declines by 46% m-o-m in May’24

South Korea’s ferrous scrap imports in May dropped by 46% to 1,18,076 tonnes (t) from 2,19,757 t in April, 2024 Similarly, on a y-o-y basis imports have dropped by 62% from 3,11,983 t in May, 2023. For the first five months of this year, total scrap imports reached 8,37,860 t, marking a significant 47% decline…