Tag: South Korea imported scrap

South Korea imported 0.5 mnt of ferrous scrap in April 2022 against 0.56 mnt in March, a drop of 11% m-o-m, as per SteelMint’s customs data. The country was largely dependent on domestic scrap. The slowing of imported scrap purchases due to the continuous rise in its prices kept producers away from replenishing their stock.…