Tag: South Korean steelmakers’ scrap inventories reclaim 900

Aggressive mill buying boosts scrap stock accumulation Inventory gains remain concentrated among major producers SteelDaily: South Korean steelmakers’ scrap inventories rose for a fourth consecutive week, increasing by 51,000 t (6%) w-o-w to 935,000 t as of 16-17 June. The increase pushed total inventories back above the 900,000 t level for the first time in…