South Korean companies import Chinese-origin steel scrap for first time

Sources from South Korean steel industry stated on May 2 that, after importing 20,000t comminuted steel scrap from China in April, a South Korean steel enterprise SeAH Steel signed another purchase contract with their Chinese suppliers on 10,000t of steel scrap in May, and by doing this, SeAH Steel becomes the first South Korean enterprise importing steel scrap from China.Asian Metal Copyright Another South Korean steel enterprise, Hyundai Steel, also shows high interest in purchasing steel scrap from China.Asian Metal Copyright The company was of the opinion that China-made steel scrap are cheaper than those imported from the U.Asian Metal Copyright, Japan or Russia, and are of premium quality.Asian Metal CopyrightS.Asian Metal Copyright But other South Korean steel companies, such as Dongkuk Steel, adopt a watching attitude toward quality of China-made steel scrap, stating that they will continue to watch the market closely.Asian Metal Copyright, Japan or Russia, and are of premium quality.Asian Metal Copyright But other South Korean steel companies, such as Dongkuk Steel, adopt a watching attitude toward quality of China-made steel scrap, stating that they will continue to watch the market closely.Asian Metal Copyright The company decided that it will continue to import the material from China.Asian Metal CopyrightSources from South Korean steel industry stated on May 2 that, after importing 20,000t comminuted steel scrap from China in April, a South Korean steel enterprise SeAH Steel signed another purchase contract with their Chinese suppliers on 10,000t of steel scrap in May, and by doing this, SeAH Steel becomes the first South Korean enterprise importing steel scrap from China.Asian Metal Copyright Another South Korean steel enterprise, Hyundai Steel, also shows high interest in purchasing steel scrap from China.Asian Metal Copyright But other South Korean steel companies, such as Dongkuk Steel, adopt a watching attitude toward quality of China-made steel scrap, stating that they will continue to watch the market closely.Asian Metal Copyright But other South Korean steel companies, such as Dongkuk Steel, adopt a watching attitude toward quality of China-made steel scrap, stating that they will continue to watch the market closely.
.Asian Metal CopyrightSAsian Metal Copyright