Tag: Steel Demand Weakness

South Korea: Ferrous scrap inventory remains stable w-o-w amid price cuts

Nov 21, 2024

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by

Adarsh Ramteke

in Melting Scrap

Daehan Steel, YK Steel’s stocks see 11.2% w-o-w fall Korea Special Steel’s inventory surges 21.8% w-o-w SteelDaily: This week, the combined ferrous scrap inventory of eight major South Korean steel mills remained largely stable. There was a marginal hike, which could be attributed to cuts in scrap procurement prices nationwide. The lower prices led to…