South Korea's Handuk Iron-mine & Construction Company, owned by SM Group, has shipped its iron ore to the Chinese market to seek alternative buyers during Posco's overhaul.
The company operates South Korea's only commercial iron ore mine, the Shinyemi mine, and 70% of its iron ore sales go directly to Posco Steel, Kallanish learns. Typhoon Hinnamno forced the shutdown of most of Posco's Pohang plant from early September, cut…
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