Tag: South Korea Scrap Import
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South Korea’s ferrous scrap imports decline by 34% in CY’20
South Korea’s scrap import volumes stood at 4.11 mn t in CY’20, down by 34% against 6.24 mn t in CY’19. Notably, scrap imports have dropped to ten years low since the data maintained with SteelMint from CY’10. Japan was the largest supplier with a volume of 2.83 mn t in CY’20 with a share 69% in the total scrap imported to South Korea. Imports from Japan have come down by 27%…