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South Korea’s Scrap Imports Hike in September M-o-M

https://en.steelhome.com [SteelHome] 2020-10-22 08:30:28

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According to statistics, South Korea imported a total of around 320,000 tons of scrap in September, dropping by 24.8% compared to the same month a year ago, while hiking by 12.6% from August, which was the first month-on-month increase in three months.

Among them, the imports from Japan accounted for the largest proportion, totaling roughly 250,000 tons, a year-on-year decrease of 15.5%, followed by Russia and the US, with a separate volume of around 40,000 tons and 10,000 tons.

In the first nine months of this year, South Korea’s scrap imports amounted to approximately 3.32 million tons, dropping by 33.6% year on year.

Source: YIEH
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