Tag: South Korea ferrous scrap imports
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South Korea: Scrap arrivals across major ports drop w-o-w ahead of Lunar New Year
In the lead-up to the Lunar New Year, major steelmakers in South Korea have witnessed a significant decrease in ferrous scrap arrivals. As of 29 January, 2024, the volume at major ports recorded a reduction to 56,164 tonnes (t), marking a decrease of approximately 5,400 t compared to the previous week. This represents the lowest…