Tag: South Korean mills

  • South Korea: Major steel mills trim scrap buy prices by $8/t

    South Korea: Major steel mills trim scrap buy prices by $8/t

    South Korean steel majors – Hyundai Steel, Dongkuk, Daehan, YK Steel, and SeAh Besteel have trimmed their scrap purchase prices by KRW 10,000/t ($8/t), effective 11 Jan’23, as per SteelDaily’s reports. Hyundai Steel and Dongkuk Steel cut prices by KRW 10,000/t ($8/t) for their Pohang plant. Similarly, SeAh Besteel, Daehan, and YK Steel cut prices…