Tag: South Korea Scrap Inventories
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South Korea: Ferrous scrap inventories at steel mills rise 6% w-o-w
After consecutive drops over the previous weeks, South Korean steelmakers’ scrap inventories rose at the start of the New Year. According to a SteelDaily report, major steelmakers had 731,000 tonnes (t) of scrap stocks in the second week of January, an increase of 6% w-o-w over the 687,000 t recorded the previous week. Seven weeks…