🇰🇷 South Korea — Melting Scrap Directory
A country with an active metals production sector. The list below contains 17 companies in South Korea active in melting scrap, grouped by metal speciality.
📅 Last Updated: May 2026
Major hubs: Seoul, Busan, Incheon, Ulsan, Pohang
South Korea in the Global Melting Scrap Trade
South Korea has an active metals production sector covering steel, copper, zinc, and stainless steel. Material flows include both domestic production and imports from a range of source countries.
The sector includes integrated steel manufacturing, copper smelting, dedicated zinc refining, and stainless steel and specialty alloy production. Operations are concentrated around Pohang on the southeast coast and Ulsan in the south, along with industrial facilities around Seoul, Incheon, and Busan. Several of the country's larger metals producers are listed on the Korea Composite Stock Price Index (KOSPI).
Companies by Metal
The same company may appear under multiple metals where it handles more than one category.
⚙️ Steel (9)
POSCO Holdings
Pohang • Major Korean steel producer, NYSE-listed
🏷️ Steel · Stainless Steel
🔍 Search on GoogleDaewoo International Metals
Seoul • Metals trading
🏷️ Steel · Copper · Aluminium
🔍 Search on Google→ View Steel companies across all countries
🟠 Copper (5)
Poongsan Corporation
Seoul • Copper alloys producer, KOSPI-listed
🏷️ Copper
🔍 Search on GoogleDaewoo International Metals
Seoul • Metals trading
🏷️ Steel · Copper · Aluminium
🔍 Search on Google→ View Copper companies across all countries
⚪ Aluminium (2)
Daewoo International Metals
Seoul • Metals trading
🏷️ Steel · Copper · Aluminium
🔍 Search on Google→ View Aluminium companies across all countries
🔵 Zinc (2)
→ View Zinc companies across all countries
✨ Stainless Steel (3)
POSCO Holdings
Pohang • Major Korean steel producer, NYSE-listed
🏷️ Steel · Stainless Steel
🔍 Search on GoogleKorea Nickel Corporation
Seoul • Nickel and specialty alloys
🏷️ Stainless Steel
🔍 Search on Google→ View Stainless Steel companies across all countries
📈 Metal Prices & Exchanges
Melting scrap itself does not trade on any exchange. Its price is calculated by traders against the underlying metal prices on the major exchanges, with adjustments for grade and condition. The links below lead to the official pages of the exchanges and price-reporting services most often referenced by the trade.
🇬🇧 LME — London Metal Exchange
Industrial metals — copper, zinc, lead, aluminium, tin, nickel, steel rebar/scrap.
→ View LME prices🇺🇸 COMEX (CME Group) — Copper Futures
US copper futures with live prices, charts, and contract specifications.
→ View COMEX copper🇨🇳 SHFE — Shanghai Futures Exchange
China's domestic copper, zinc, aluminium, lead and nickel futures.
→ View SHFE prices🇨🇳 SMM — Shanghai Metals Market
Non-ferrous and ferrous metals price portal — copper, zinc, aluminium, steel scrap.
→ View SMM prices🇮🇳 MCX India — Copper, Zinc, Aluminium
India's Multi Commodity Exchange — copper, zinc, aluminium, lead, nickel futures.
→ View MCX prices🇩🇪 Westmetall — LME Tracker
Daily LME price tracker — copper, tin, lead, zinc, aluminium, nickel.
→ View Westmetall🇦🇪 DGCX — Dubai Gold & Commodities Exchange
Dubai commodity exchange — copper futures and other metals.
→ View DGCX📊 Trading Economics — Metals Dashboard
Commodity prices across copper, steel, zinc, aluminium with charts.
→ View Trading Economics📰 SteelOrbis — Steel & Steel Scrap Prices
Steel scrap and steel product price reporting and news.
→ Visit SteelOrbis📰 Fastmarkets MB
Metal Bulletin — pricing and news across all metal scrap categories.
→ Visit Fastmarkets📰 S&P Global Platts Metals
S&P Global Platts metals pricing benchmarks.
→ Visit PlattsSteel scrap follows the Turkish HMS export benchmark and the CME rebar contract. Copper scrap follows the LME copper price minus a grade-based discount. Aluminium scrap follows the LME aluminium price.
🏛️ Global Trade Associations
Public industry bodies covering ferrous and non-ferrous melting scrap worldwide. Tap any link to visit their official site.
BIR — Bureau of International Recycling
🌍 Global • Brussels. International recycling industry federation with members across many countries.
🔗 Visit bir.orgMRAI — Material Recycling Association of India
🇮🇳 India • Mumbai. Industry body for ferrous and non-ferrous metal recyclers. Affiliated with BIR and ReMA.
🔗 Visit mrai.org.inReMA — Recycled Materials Association (ISRI)
🇺🇸 USA • Washington DC. Industry body that publishes the ReMA (ISRI) scrap specifications used internationally.
🔗 Visit recycledmaterials.orgBMR — Bureau of Middle East Recycling
🇦🇪 Dubai. Regional association for the GCC and Middle East scrap industry.
🔗 Visit bmr.aeEuRIC — European Recycling Industries Confederation
🇪🇺 Brussels. Umbrella body for Europe's recycling industries.
🔗 Visit euric-aisbl.euCMRA — China Nonferrous Metals Recycling
🇨🇳 Beijing. Operates under CNIA — governs non-ferrous metal scrap import standards.
🔗 Visit cmra.cnMRA Malaysia — Malaysian Recycling Alliance
🇲🇾 Kuala Lumpur. Industry body coordinating with SIRIM on scrap import standards.
🔗 Visit mra.org.myBDSV — German Steel & Metal Recycling
🇩🇪 Düsseldorf. Represents Germany's ferrous and non-ferrous scrap industry.
🔗 Visit bdsv.orgVRA — Vietnam Recycling Association
🇻🇳 Hanoi. Coordinates Vietnam's non-ferrous and ferrous metals recycling sector.
🔗 Visit vra.com.vnLME — London Metal Exchange
🌍 Global. Industrial metals exchange — copper, zinc, lead, aluminium, tin, nickel, steel.
🔗 Visit lme.comICSG — International Copper Study Group
🇵🇹 Lisbon. Intergovernmental copper trade statistics and analysis.
🔗 Visit icsg.orgInternational Aluminium Institute
🇬🇧 London. The global aluminium industry body.
🔗 Visit IAIInternational Lead & Zinc Study Group
🇵🇹 Lisbon. Intergovernmental lead and zinc statistics and analysis.
🔗 Visit ilzsg.org
⚠️ Disclaimer
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