Tag: South Korea imported scrap
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South Korea: Ferrous scrap imports dip 12%, m-o-m, in May
South Korea imported 440,000 t of scrap in May’22 as against 500,000 t in April, a sharp drop of 12% m-o-m, as per SteelMint data. Imports from Japan were at 250,000 t, followed by the USA and Russia at 90,000 t and 60,000 t. However, imports increased significantly by 22% from 360,000 t in May’21.