Tag: South Korean Inventories

South Korea’s major steelmakers’ scrap inventory saw a decline w-o-w. Though inventory did reduce a little, the volumes are still high considering low demand in the finished steel market. Inventory with steelmakers stood at 999,000 tonnes (t) last week, a 1.6% decrease from the previous week. In Busan and South Gyeongsang provinces, finished and semi-finished…