Category: HRC

  • South Korea’s steel demand hits lowest level in 23 years

    South Korea’s steel demand hits lowest level in 23 years

    AD measures on imported steel become counterproductive Policy measures required to phase excess rebar capacity Japan Metal Daily: South Korea’s steel demand remains sluggish. In 2025, apparent steel consumption will decrease by 4.2 mnt y-o-y to 43.6 mnt, marking a low level below the 43.7 mnt recorded in 2002. In domestic demand, the slump in…