Tag: South Korea Scrap Inventories
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South Korea: Steel mills’ scrap inventory slightly up w-o-w
The ferrous scrap inventory of eight key South Korean steelmakers rose 3% w-o-w on 14 March. The volumes were recorded at 883,000 tonnes (t). The peak season for scrap demand has arrived. However, inventories with steelmakers are not falling. In three weeks, inventory jumped up by 22% compared to the same period in the previous…