Tag: total scrap imports
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South Korea: Ferrous scrap imports drop by over 10% m-o-m in Aug’24
In Aug’24, South Korea’s ferrous scrap imports fell to 148,768 t, down 11% m-o-m from 166,372 t in Jul’24. Compared to Aug’23 (277,603 t), imports dropped by 46% y-o-y. In 8MCY’24, scrap imports fell significantly, by 50% y-o-y to 1.30 mnt compared to 2.59 mnt in Jan-Aug’23. Japan continued to be the top supplier, accounting…