Tag: South Korea Scrap

South Korean steel major Hyundai Steel has announced a reduction in the scrap purchase price for its Incheon and Dangjin steelworks by KRW 10,000/t ($8.56), SteelMint learnt from Korean Steel Daily. This comes just a couple of days after the steelmaker lowered the scrap buy price for its Pohang unit by KRW 10,000-15,000 won/t ($8-13),…