Tag: South Korea: Scrap inventories extend decline amid supply tightness

South Korean mills’ scrap inventories fall for sixth straight week Strong mill consumption continues to tighten domestic scrap availability SteelDaily: Scrap inventories at 11 major South Korean steelmakers continued to decline for the sixth consecutive week, falling by 43,000 t (5.1%) w-o-w to around 808,000 t. Compared to the short-term peak recorded on 1 April,…