Tag: South Korea inventories
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South Korea: Steel mills’ scrap inventory edges down w-o-w
The ferrous scrap inventories of major South Korean steelmakers were reduced by only 12,000 t or 1% w-o-w as of 22 March. Volumes totalled 871,000 tonne (t). Even during the peak season of spring, inventories at steelmakers did not drop. Inventory depletion is particularly slow. Region-wise inventory status- Central region’s inventory status: Steelmakers in the…