Tag: South Korea: Ferrous scrap inventory at major mills reports modest drop of 1% w-o-w

This week, the ferrous scrap inventory across eight major South Korean steel mills experienced a modest 1% decline, totalling 862,000 tonnes (t) compared to the 868,000 t reported in the previous week. Regionally, the central area, which had lower operational rates due to extended maintenance, saw a decrease, while the southern region observed a slight…