Tag: down y-o-y in May’24

South Korea’s leading steel manufacturers POSCO, Hyundai Steel, and Dongkuk Steel collectively produced 703,000 tonnes (t) of heavy plates in May 2024. While this represents a 10.8% y-o-y decrease compared to May 2023, it signifies a 7% m-o-m growth from April 2024. The significant production increase can be attributed to the completion of major repairs…