Tag: steel industry update

South Korea’s major steelmakers will adjust scrap procurement prices. Korea Special Steel, Daehan Steel, YK Steel, and Korea Iron and Steel will reduce prices by KRW 10/kg ($7/t) across all grades from 11 Sep’25. Dongkuk Steel will also cut prices by KRW 10/kg at its Incheon plant from 16 Sep’25. Hyundai Steel’s KRW 10/kg ($7/t)…