Tag: South Korea: Ferrous scrap inventory at major mills rises 5% w-o-w

This week, the ferrous scrap inventory of eight major South Korean steel manufacturers witnessed an increase of 5% to 825,000 tonnes (t) in comparison with 790,000 t reported in the previous week. Notably, this is the first time since early May that inventory levels have exceeded the 800,000-t mark. Also, the rise was observed in…