Tag: South Korea scrap imports
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South Korea: Scrap imports fall 18% m-o-m in Sept on lower sourcing from Japan
South Korea recorded ferrous scrap import volumes at 0.41 million tonnes (mn t) in Sept’21, down by 18% m-o-m against 0.5 mn t in Aug’21, as per data maintained with SteelMint. Import volumes declined due to discrepancies in bids and offers which slowed down market activities. Japan continued to be the largest supplier to South…