Tag: South Korea Scrap Inventories
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South Korea: Steelmakers’ ferrous scrap inventories increase
South Korean steelmakers’ scrap inventory inch up toward the month end. It appears that the two sides of supply and demand are being perceived differently. Scrap inventories of the eight key steelmakers totalled 800,000 t, an increase of 7,000 t from inventory recorded before the Lunar New Year holidays. SeAh Besteel, Daehan, YK, Korea Steel,…