Tag: South Korea steelmakers

South Korea’s major steelmakers have lowered scrap purchase prices amid subdued demand. SeAH Changwon Special Steel cut prices for steel scrap and heavy steel by KRW 10/kg ($7/t) from 25 Jun’25. Korea Special Steel and Korea Iron and Steel will implement KRW 10/kg ($7/t) cuts across all scrap grades starting 26 Jun. Hwanyang Steel will…