Tag: South Korea: Ferrous scrap inventory at major mills drops by 11% w-o-w

SteelDaily: This week, the combined ferrous scrap inventory of eight major South Korean steel mills reached 695,000 tonnes (t), marking a decline of 11% from the previous week’s 785,000 t. This marks the first time in roughly seven months, since mid-January, that the inventory has fallen below 700,000 t level. Notably, the inventory level witnessed…