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A huge volume of scraps, waiting to enter the ports in S.Korea
- Despite production cuts by steelmakers, the volume of imports higher by 50,000 tons than usual months
2020-04-18 09:21
 
Scrap imports are at high levels at each port. Considering the production cut by major steelmakers a..
 
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Interview
Steel industry in 2019 – Kim Young-joong, senior vice president of marketing strategy at POSCO
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Korea Steel Price >
Kinds
Maker sale
Distribution
Importer sales
1,060
7**
6**
1,060
6**
6**
-
7**
6**
-
6**
6**
-
7**
6**
-
2***
2***
950
9****
-
*Benchmark: Primary distribution basis (KRW(won)/Kg)
Korea Steel Scrap Price >
Kinds
Seoul-Incheon
Yeongnam area
Average
2**
2**
2**
2**
2**
2**
2**
2**
2**
2**
2**
2**
2**
2**
2**
*VAT Not included (KRW/kg)
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