Tag: South Korea Scrap buy price
-
South Korea: Major steel mills lift scrap buy prices by $16/t
South Korean steel majors – Hyundai Steel, POSCO, and SeAh Besteel – have lifted their scrap purchase prices by up to KRW 20,000/t ($16/t), effective 3 Jan’23, as per SteelDaily reports. Hyundai Steel raised prices by KRW 20,000/t ($16/t) for its Incheon, Pohang, and Dangjin plants. Similarly, POSCO for its Gwangyang and Pohang plant and…