Tag: imports down y-o-y in CY’21

South Korea’s heavy plates exports stood at 1.3 million tonnes (mn t) in CY’21, down 24% against 1.7 mn t in CY’20. Export volumes dropped as domestic demand from the shipbuilding sector increased. A decrease in imports is also presumed as a factor behind lower exports. In Dec’21, export volumes jumped 14% to 127,824 t…