Tag: steel market South Korea
-
South Korea: Ferrous scrap inventory drops after a 2-week gap
Steelmakers adjust output amid weak construction demand Inventory in central region falls, remains stable in the south SteelDaily: The combined ferrous scrap inventory of eight major South Korean steel mills decreased by 26,000 t w-o-w to 609,000 t from 635,000 t in the previous week. Domestic steelmaker’s scrap iron inventories have declined for the first…