Tag: South Korea: Ferrous scrap inventories climb 5% w-o-w amid pre-holiday stockpiling

Scrap inventories across 8 ports rise for 5th straight week Korean steel mills prioritise inventory accumulation SteelDaily: The cumulative ferrous scrap inventory at eight major South Korean steelmakers rose for the fifth straight week in late September to about 856,000 tonnes (t), up 5% w-o-w from 815,000 t. Although the pace of buildup slowed compared…