Tag: sales decline m-o-m in Nov’22
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South Korea: Steel companies’ HR plate production, sales decline m-o-m in Nov’22
South Korea’s two major steel producers, POSCO and Hyundai Steel, have reported a drop in production and sales of hot-rolled (HR) plates in November 2022. The decline was mainly due to the strike that took place at the Hyundai Steel’s Dangjin steel mill’s hot-rolling plant. Production picture In November, exterior plate production stood at 795,000…