ASIA STEEL SCRAP DIGEST: S Korea expected to reduce bid price again this week

Steel scrap import prices in South Korea were likely to drop again in the next few days with buyers looking to take advantage of tepid local demand in Japan and falling prices in other key Asian import markets, sources told Fastmarkets on Wednesday August 4.

South Korea likely to push Japan prices down further Production curbs weigh on Chinese scrap demand Offers for bulk cargoes to Vietnam fall Taiwan buys containerized scrap for less...

Published

Lee Allen

Paul Lim

Tianran Zhao

August 04, 2021

12:17 GMT

Singapore, Shanghai, London