Tag: South Korea: Scrap inventories cross 1 mnt on strong Incheon gains

Inventories rise by 4.5% w-o-w on higher inflows Hyundai and Dongkuk Steel see notable increases in inventories SteelDaily: Scrap inventories at 11 major South Korean steelmakers rose to 1.021 million tonnes (mnt) in the week, increasing by 4.5% w-o-w, driven mainly by higher inflows and regional stock accumulation. The rise was largely concentrated in bar…