Tag: South Korea: Scrap inventory at major mills drop 2% w-o-w

This week, the combined ferrous scrap inventory of eight major South Korean steel mills reached 768,000 tonnes (t), a 2% decrease from the previous week’s 799,000 t. The inventory reduction was more pronounced in the central region compared to the south, where news of the price cut had been announced. Region-wise inventory Central region: In…