38 named firms across 5 scrap hubs — Busan, Incheon, Pohang, Seoul, Ulsan
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).
The exchanges and price services the trade in South Korea quotes against. Scrap is priced as a discount to these.
A firm that handles several metals appears under each.
| Company | Where | Metals | |
|---|---|---|---|
| POSCO Holdings | Pohang, South Korea | Steel & Iron, Stainless Steel — Major Korean steel producer, NYSE-listed | |
| Hyundai Steel | Seoul, South Korea | Steel & Iron — Steel producer, KOSPI-listed | |
| Korea Iron & Steel Co | Incheon, South Korea | Steel & Iron — Steel producer | |
| Dongkuk Steel | Seoul, South Korea | Steel & Iron — Steel producer, KOSPI-listed | |
| Seah Besteel Holdings | Seoul, South Korea | Steel & Iron, Stainless Steel — Specialty steel | |
| Korea Steel Shapes | Pohang, South Korea | Steel & Iron — Steel sections | |
| Daehan Steel | Pohang, South Korea | Steel & Iron — Steel producer | |
| KISCO Holdings | Seoul, South Korea | Steel & Iron — Steel producer | |
| Daewoo International Metals | Seoul, South Korea | Steel & Iron, Copper, Aluminium — Metals trading | |
| Hwanyoung Steel | Busan, South Korea | Steel & Iron — EAF steelmaker | |
| YK Steel | Busan, South Korea | Steel & Iron — EAF rebar producer | |
| KG Steel (formerly Dongbu Steel) | Seoul, South Korea | Steel & Iron — Flat steel producer, publicly listed | |
| SeAH Steel | Seoul, South Korea | Steel & Iron — Steel pipe producer, publicly listed | |
| Korea Steel Shapes Co., Ltd. (Kisco) | Sasang-gu, Busan, South Korea | Steel & Iron — EAF steel mill & scrap processor | |
| YK Steel Corporation | Saha-gu, Busan, South Korea | Steel & Iron — EAF steel rebar mill | |
| Hyundai Steel Company | Dong-gu, Incheon, South Korea | Steel & Iron — Electric arc furnace (EAF) steelworks & scrap consumer | |
| Dongkuk Steel Mill Co., Ltd. | Dong-gu, Incheon, South Korea | Steel & Iron — EAF eco-melting steel mill | |
| POSCO (Pohang Steelworks) | Nam-gu, Pohang, South Korea | Steel & Iron, Stainless Steel — Integrated blast furnace/converter and EAF steelworks | |
| Hyundai Steel Pohang Works | Daesong-myeon, Pohang, South Korea | Steel & Iron — EAF section & specialty steel mill | |
| Dongkuk Steel Mill Co., Ltd. | Busan, Nam-ku (Gamman-dong), South Korea | Steel & Iron — scrap yard, processing plant | |
| Hyundai Steel | Pohang, Nam-gu (Goe-dong), South Korea | Steel & Iron — EAF mill, scrap consumer | |
| Dongkuk Steel | Pohang, Nam-gu (Daesong-myeon), South Korea | Steel & Iron — heavy plate and section mill, scrap consumer | |
| Dongkuk Holdings Co., Ltd. | Seoul, Jung-gu (Euljiro, Ferrum Tower), South Korea | Steel & Iron — parent of Dongkuk Steel, global scrap importer | |
| POSCO Holdings Inc. | Seoul, Gangnam-gu (Teheran-ro, POSCO Center), South Korea | Steel & Iron — global steel enterprise, scrap procurement arm |
| Company | Where | Metals | |
|---|---|---|---|
| Daewoo International Metals | Seoul, South Korea | Steel & Iron, Copper, Aluminium — Metals trading | |
| LS MnM (formerly LS-Nikko Copper) | Onsan, South Korea | Copper — Major copper smelter | |
| Poongsan Corporation | Seoul, South Korea | Copper — Copper alloys producer, KOSPI-listed | |
| Iljin Holdings | Seoul, South Korea | Copper — Copper producer | |
| Sungeel HiTech | Gunsan, South Korea | Copper — Battery recycling, KOSPI-listed | |
| Korea Zinc Co., Ltd. | Ulju-gun (Onsan), Ulsan, South Korea | Copper, Zinc — Non-ferrous smelter & secondary recovery refinery | |
| LS MnM (formerly LS-Nikko Copper) | Ulju-gun (Onsan), Ulsan, South Korea | Copper — Primary & secondary copper smelter & refiner | |
| LS MnM Inc. (formerly LS-Nikko Copper) | Ulju-gun / Ulsan, Onsan-eup, South Korea | Copper — Korea's sole primary/secondary copper smelter-refiner, giant scrap consumer |
| Company | Where | Metals | |
|---|---|---|---|
| Daewoo International Metals | Seoul, South Korea | Steel & Iron, Copper, Aluminium — Metals trading | |
| Sungwoo Hitech | Busan, South Korea | Aluminium — Aluminium recycler | |
| Novelis Korea | Yeongju, South Korea | Aluminium — Aluminium recycling and rolling |
| Company | Where | Metals | |
|---|---|---|---|
| Korea Zinc Co Ltd | Seoul, South Korea | Zinc — Zinc smelter, KOSPI-listed | |
| Young Poong Corporation | Seoul, South Korea | Zinc — Non-ferrous smelter, KOSPI-listed | |
| Korea Zinc Co., Ltd. | Ulju-gun (Onsan), Ulsan, South Korea | Copper, Zinc — Non-ferrous smelter & secondary recovery refinery |
| Company | Where | Metals | |
|---|---|---|---|
| POSCO Holdings | Pohang, South Korea | Steel & Iron, Stainless Steel — Major Korean steel producer, NYSE-listed | |
| Seah Besteel Holdings | Seoul, South Korea | Steel & Iron, Stainless Steel — Specialty steel | |
| Korea Nickel Corporation | Seoul, South Korea | Stainless Steel — Nickel and specialty alloys | |
| Hyundai BNG Steel | Changwon, South Korea | Stainless Steel — Stainless cold-rolled products, listed | |
| POSCO (Pohang Steelworks) | Nam-gu, Pohang, South Korea | Steel & Iron, Stainless Steel — Integrated blast furnace/converter and EAF steelworks |
| Company | Where | Metals | |
|---|---|---|---|
| Daechang | Siheung, South Korea | Brass — Major brass rod producer, KRX-listed |
Live answers for what the list above does not cover.
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