Japan's scrap market worries typhoon impact on SK mills

Japanese scrap market participants are concerned about the impact of a powerful typhoon which hit South Korea early this week, saying it may affect the country's scrap demand and Japan's scrap exports to South Korea might slow down, sources shared.

Typhoon Hinnamnor hit the Korean peninsula on Tuesday morning, and Pohang city where some major mills including POSCO are located, saw some fires and severe flooding hit these mills' facilities and disrupt their operations, as reported. A Tokyo-based scrap trader shared that the stoppage of operations would surely reduce Korean's