Tag: South Korea: Ferrous scrap inventory rise by 1.9% w-o-w amid sluggish rebar prices

Scrap inventories climb up for 2nd straight week  Sellers boost shipments to meet cash flow needs SteelDaily: The cumulative ferrous scrap inventory at eight major South Korean steelmakers rose for the second straight week to about 734,000 tonnes (t) in the second week of September, up 1.9% from 720,000 t in the previous week. The…