Tag: South Korea scrap imports
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South Korea: Scrap imports slip 7% m-o-m in Oct’21 on lower buying from Japan
South Korea’s ferrous scrap import volumes in Oct’21 were at 0.38 million tonnes (mn t), down by 7.3% m-o-m against 0.41 mn t in Sept’21, as per data maintained with SteelMint. Import volumes declined due to discrepancies in bids and offers which impacted market activities. Japan continued to be the largest supplier to South Korea…