Tag: South Korea ferrous scrap imports
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South Korea: Major Steelmakers Book US Cargoes; Skip Bidding for Japanese Scrap
Since last few weeks, major EAF steelmakers in South Korea have shifted their attention from Japanese scrap to USA bulk scrap in order to stabilize supply–demand for October month. South Korean steelmakers have actively booked US cargoes amid expectation of tightening supply from USA in upcoming days over rising demand after EID holidays from major…