Tag: South Korean mills

South Korea: Steelmakers’ ferrous scrap inventory continues its downtrend w-o-w

Dec 20, 2022

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by

Anshuman

in Melting Scrap

South Korean steelmakers’ scrap inventory continues to decline again this week. The major steelmakers had 774,000 tonnes (t) of scrap stock which was lower by 11% w-o-w, as per a SteelDaily report. The change in inventory by nearly 100,000 t in a week is the third largest change this year. It seems that the decline…