Tag: South Korea scrap market news
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South Korea: Ferrous scrap inventory ended a 3-week decline, heightening supply-demand pressures ahead of production restarts
South Korean scrap stocks steady, mills restart may pressure Central, southern regions show contrasting inventory SteelDaily: The cumulative ferrous scrap inventory at eight major South Korean steelmakersend three-week slide, tightening supply-demand balance ahead of mill restarts. Inventory stood at around 793,000 tonnes (t), unchanged from the previous week. Region-wise inventory Regionally, the central region recorded a…