SteelMint

Tag: South Korea Scrap Inventories

  • South Korea: Steel mills’ scrap inventory increases w-o-w

    South Korea: Steel mills’ scrap inventory increases w-o-w

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    by

    Anshuman
    in

    Ferrous scrap inventories of major South Korean steelmakers increased by only 33,000 tonne (t) or 4% w-o-w as on 29 March. Volumes totalled 904,000 tonne (t). Inventories increased with most steelmakers. Especially, southern steelmakers saw an increased inventory such as Daehan Steel, Hyundai Steel’s Pohang Plant, and POSCO. This is because inventory falls were evident…