South Korea: Steel billets imports almost stable y-o-y in CY’22

  • South Korea’s steel billets imports dropped marginally by 1% y-o-y to 1.52 t in CY’22 compared to 1.54 mnt in CY’21, as per customs data.
  • Japan was the largest exporter at 1.06 mnt, followed by Brazil at 132,798 t.
  • Steel billets imports by the nation declined by 40% m-o-m to 75,590 t in Dec’22 compared to 125,949 t in the previous month.

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