Tag: South Korea imported scrap

South Korea, one of the largest buyers of ferrous scrap, imported 0.32 million tonnes (mnt) in July 2022 against 0.37 mnt in June, a drop of 14% m-o-m, as per SteelMint’s customs data. On a y-o-y basis too, imports were down by 26% from 0.43 mnt in Jul’21. The decrease in imported scrap purchases indicates…