Tag: South Korea imported scrap

South Korea, one of the major buyers of ferrous scrap, imported 0.28 million tonnes (mnt) in August 2022 against 0.32 mnt in July, a drop of 13% m-o-m, as per SteelMint’s customs data. The drop in imports was because of a shift in buyers’ interest towards domestic scrap due to its cheaper availability compared to…