Tag: South korea scrap purchase price

South Korea: Major mills raise scrap procurement prices by $16/t

Dec 22, 2022

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by

Anshuman

in Melting Scrap

Major South Korean steel mills increased their scrap purchase prices by up to KRW 20,000/t ($16/t) from 22 Dec, as per SteelDaily reports. Hyundai Steel (for Incheon and Dangjin plants), SeAh Besteel increased scrap buy prices by KRW 20,000($16/t). Korea Steel to purchase scrap under contract prices for KRW 20,000 ($16/t) from 22 Dec to…