Tag: South Korea Imported scrap prices
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South Korea: Will scrap prices rebound in mid-May?
South Korea, a leading ferrous scrap importing country, is exhibiting mixed sentiments from both steelmakers and retailers. Market participants expect that the faster the price cut, the stronger the rebound is likely to happen in mid-May. However, some other market participants contest this outlook, according to a SteelDaily report. Market might go up Scrap inventories…