Tag: South Korea Scrap
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South Korea: POSCO to raise scrap purchases in Q1’22 ahead of BF-4 overhaul
South Korean steel major POSCO has scheduled the overhaul of the blast furnace No. 4 at Gwangyang works from Feb’22 to May’22. Accordingly, in the first quarter, it is expected that the steelmaker will increase the production of semi-finished steel (slabs) that will be used for making finished steel during this maintenance period. The company…