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Tag: south Korea ferrous scrap inventory

  • South Korea: Ferrous scrap inventory at major mills drops 2% w-o-w

    South Korea: Ferrous scrap inventory at major mills drops 2% w-o-w

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    by

    Manya Dewangan
    in

    This week, the combined ferrous scrap inventory of eight major South Korean steel mills reached 807,000 tonnes (t), a 2% decrease from the previous week’s 825,000 t. Additionally, inventories have decreased majorly at rebar manufacturers, experiencing factory shutdowns for end-of-month maintenance or vacation seasons. Region-wise inventory Central region: In the central region, scrap inventory increased…