Tag: South Korea: Scrap inventory at major mills rise 4% w-o-w amid relaxation of inventory control measures

This week, the ferrous scrap inventory of eight major South Korean steel mills stood at 832,000 tonnes (t) by the last week of February, marking a notable increase of approximately 4% compared to the previous week’s figure of 798,000 t. Steel scrap inventories, which had halted their increase last week, resumed their upward trajectory this…