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09 Jun
07:47

South Korea considers managing scrap as strategic asset

South Korea is planning to manage steel scrap as a strategic asset, in pasrticular scrap generated from abandoned cars, buildings, ships and structures, Kallanish learns from Reuters. The plan was disclosed by a government official on Thursday. Multiple methods being considered include an incentive system to secure enough steel scrap. Jang Young Jin, first vice minister of the Ministry of Trade, Industry and Energy, also on Thursday expressed support for this dur…
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