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Top Scrap Metal Recycling Companies in South Korea

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1 company for Scrap Metal Recycling in South Korea

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CHUNIL STEEL CO.LTD / 천일스틸(주)'s Logo

CHUNIL STEEL CO.LTD / 천일스틸(주)

Suwon-si, South Korea

A

1-10 Employees

2016

Key takeaway

The company, CHUNIL STEEL, specializes in steel trading and distribution, offering a comprehensive solution for various steel products, including hot-rolled sheets, plates, and special steel bars. Their extensive market knowledge and experience help minimize risks for customers and expand opportunities for suppliers.

Reference

Core business

철강파트너 | 천일스틸(주) | 대한민국

열연, 후판, 특수강, 파이프, 환봉 등 철강재를 철강무역, 철강유통 하는 철강파트너 천일스틸(주) 입니다.

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Information about Scrap Metal Recycling in South Korea

When exploring the scrap metal recycling industry in South Korea, several key considerations emerge. Firstly, understanding the regulatory framework is crucial, as the government enforces strict environmental laws and recycling mandates that impact operations. Companies must comply with the Waste Management Act and adhere to the standards set by the Ministry of Environment, ensuring proper handling and processing of scrap materials. Additionally, the competitive landscape is notable, with both domestic and international players vying for market share. The industry's profitability is influenced by fluctuations in global metal prices, which can create both challenges and opportunities. The increasing demand for recycled metals in manufacturing processes presents a significant opportunity for growth, particularly in sectors like automotive and construction. Awareness of environmental concerns is vital, as improper recycling can lead to pollution and resource depletion. South Korea's commitment to sustainable practices enhances the industry's reputation and fosters innovation in recycling technologies. Finally, understanding the global market relevance of South Korea as a strategic player in the recycling sector can provide insights into future trends and investment opportunities. Overall, a comprehensive approach to research, focusing on these factors, will be beneficial for anyone interested in entering the scrap metal recycling market in South Korea.


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Some interesting numbers and facts about your company results for Scrap Metal Recycling

Country with most fitting companiesSouth Korea
Average amount of employees1-10
Oldest suiting company2016
Youngest suiting company2016

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Based on our calculations related technologies to Scrap Metal Recycling are Water/Ocean Cleaning Technologies, Waste Management, Renewable Energy, Sustainable Fashion, Smart Grid

The most represented industries which are working in Scrap Metal Recycling are International Affairs and Trade

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