Tag: South Korea: Billet imports surge in H1 CY’26 raising downside risk for domestic scrap demand

H1 billet imports more than double to 184,750 t y-o-y Three confirmed July cargoes signal sustained import momentum South Korea’s ordinary steel billet imports have accelerated sharply in 2026, highlighting a notable shift in metallics procurement by domestic electric-arc furnace (EAF) steelmakers. Cumulative billet imports reached 184,750 t during January-June 2026, up 110% from the…