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Issue  Four factors affecting the Korean scrap market
- Changes in the price of Chinese steel, a key factor
- Volume of distribution in the Southern part of Korea is also a factor
2018-12-05 11:08
 
With the price of steel scrap falling rapidly in Korea, expectations are growing in the distribution..
 
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Korea Steel Price >
Kinds
Maker sale
Distribution
Importer sales
1,060
7**
6**
1,060
7**
6**
-
7**
7**
725
7**
6**
900
8**
7**
-
2***
2***
950
8**
-
*Benchmark: Primary distribution basis (KRW(won)/Kg)
Korea Steel Scrap Price >
Kinds
Seoul-Incheon
Yeongnam area
Average
3**
3**
3**
3**
2**
2**
3**
2**
2**
2**
2**
2**
2**
2**
2**
*VAT Not included (KRW/kg)
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