Tag: South Korea Scrap Import

South Korea – the world’s third-largest ferrous scrap importer, saw a drop in scrap imports by 20% m-o-m to 0.28 mn t in Nov’20 as against 0.35 mn t in Oct’20, as per data recorded with SteelMint. Supply tightness and preference to domestic scrap on higher import offers have contributed to the drop in import volumes.…