{"id":68123,"date":"2026-06-11T15:31:52","date_gmt":"2026-06-11T09:31:52","guid":{"rendered":"https:\/\/biztrend24.com\/?p=68123"},"modified":"2026-06-11T15:31:52","modified_gmt":"2026-06-11T09:31:52","slug":"south-korea-weekly-steel-scrap-arrivals-rebound-past-60000-t-as-posco-resumes-purchases","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=68123&lang=en","title":{"rendered":"South Korea: Weekly steel scrap arrivals rebound past 60,000 t as POSCO resumes purchases"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Plate and specialty steelmakers increase import activity<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Import arrivals strengthen across major Korean ports<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>SteelDaily:\u00a0South Korea&#8217;s steel scrap import activity increased significantly in early June, with declared unloading volumes at major ports reaching approximately 63,500 t as of 9 June. This marks the first time since mid-February that declared import volumes have exceeded the 60,000 t threshold, reflecting stronger procurement activity among plate and specialty steel producers.<\/p>\n<p>Import declarations by company:<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>POSCO declared seven cargoes totaling around 17,000 t.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>SeAH Besteel completed import declarations for approximately 15,300 t.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>SeAH Changwon Specialty Steel declared two cargoes totaling around 3,700 t.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Dongkuk Steel scheduled to unload approximately 11,500 t through Incheon Port.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Around 6,000 t across three cargoes awaiting unloading at Jinhae Port.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>The increase in imports was primarily driven by plate and specialty steel manufacturers. POSCO, which had shown limited import activity in recent months, re-entered the market with substantial cargo declarations, while SeAH Besteel and SeAH Changwon Specialty Steel also expanded procurement volumes.<\/p>\n<p>Meanwhile, activity in the long steel segment remained comparatively moderate. Dongkuk Steel accounted for the majority of scheduled arrivals in the sector, while additional cargoes continued to await discharge at Jinhae Port.<\/p>\n<p>The recent increase in import declarations suggests that major South Korean steelmakers are actively replenishing raw material inventories. Market participants will closely monitor whether the higher import volumes translate into increased spot buying activity in the coming weeks.<\/p>\n<p>Note: This article has been written in accordance with a content exchange agreement between SteelDaily and BigMint.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plate and specialty steelmakers increase import activity Import arrivals strengthen across major Korean ports SteelDaily:\u00a0South&#8230;<\/p>\n","protected":false},"author":1,"featured_media":68124,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[313],"tags":[],"class_list":["post-68123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153131.590.jpg?fit=1280%2C720&ssl=1?v=1781170304",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153131.590.jpg?resize=150%2C150&ssl=1?v=1781170304",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153131.590.jpg?fit=300%2C169&ssl=1?v=1781170304",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153131.590.jpg?fit=640%2C360&ssl=1?v=1781170304",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153131.590.jpg?fit=640%2C360&ssl=1?v=1781170304",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153131.590.jpg?fit=1280%2C720&ssl=1?v=1781170304",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153131.590.jpg?fit=1280%2C720&ssl=1?v=1781170304",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153131.590.jpg?resize=1115%2C715&ssl=1?v=1781170304",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153131.590.jpg?resize=800%2C500&ssl=1?v=1781170304",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153131.590.jpg?fit=1024%2C576&ssl=1?v=1781170304",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153131.590.jpg?resize=540%2C340&ssl=1?v=1781170304",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153131.590.jpg?resize=400%2C250&ssl=1?v=1781170304",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-11T153131.590.jpg?fit=1280%2C720&ssl=1?v=1781170304","jetpack-related-posts":[{"id":57680,"url":"https:\/\/biztrend24.com\/?p=57680&lang=en","url_meta":{"origin":68123,"position":0},"title":"South Korea: POSCO, SeAH cut scrap purchase prices amid improved supply","author":"Biz Trend 24","date":"February 18, 2026","format":false,"excerpt":"South Korea's mills have announced fresh scrap price cuts as supply improves. POSCO paused its KRW 10\/kg ($7\/t) transport subsidy at Gwangyang from 14 Feb, effectively reducing purchase prices. The subsidy was introduced in January to help cover delivery and logistics costs to Gwangyang Steelworks. SeAH Changwon Special Steel will\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T173540.614.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T173540.614.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T173540.614.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T173540.614.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T173540.614.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":71052,"url":"https:\/\/biztrend24.com\/?p=71052&lang=en","url_meta":{"origin":68123,"position":1},"title":"South Korea: Dongkuk Steel increases focus on imported scrap for H2 procurement","author":"Biz Trend 24","date":"July 7, 2026","format":false,"excerpt":"Dongkuk Steel plans to increase scrap imports in the second half Narrowing domestic-import price gap improves import competitiveness SteelDaily:\u00a0South Korean steelmaker Dongkuk Steel plans to increase ferrous scrap imports in the second half of 2026, citing tighter domestic scrap availability and a narrowing price gap between imported and local material.\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181553.634.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181553.634.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181553.634.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181553.634.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-07T181553.634.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":71064,"url":"https:\/\/biztrend24.com\/?p=71064&lang=en","url_meta":{"origin":68123,"position":2},"title":"South Asian ship recycling markets witness mixed trends","author":"Biz Trend 24","date":"July 7, 2026","format":false,"excerpt":"Monsoon continues to limit Indian beaching activity Import duty revisions challenge Pakistan's recycling sector South Asian ship recycling markets showed mixed trends in the week ended 7 July. 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