Tag: South Korea Scrap
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South Korea: Scrap stocks at domestic mills rise significantly
Major South Korean steel mills have exceeded the limit of their scrap warehousing volumes, as per a latest SteelDaily report. Steel scrap stocks with major steelmakers have reached a high level. In particular, POSCO has a significant amount of stock at its warehouses. Its Gwangyang Works has stored scrap at 200 units i.e. around 5,000…