Tag: South Korea Imported scrap prices
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South Korea: Hyundai Steel’s share of imported scrap purchase continues to decline
South Korea’s largest scrap consumer and major steelmaker, Hyundai Steel, has reported a drop in its share of total imported scrap arrivals after the adjustments made in its procurement strategy. The company’s total share of imports this week was 14%, whereas the average share of imports till now in 2022 stands at 35%, as per…