Tag: South Korea: Demand for cold-rolled steel products remains muted

South Korea’s retail industry is witnessing an increase in inventory as a result of dull demand. Furthermore, cheaper imports from China have impacted domestic prices. Steel major POSCO’s domestic distribution price for various products for early-June 2022 sales are as follows: CR (cold-rolled) sheet at KRW 1.2 million to 1.3 million/tonne (t). Hot-dipped galvanised sheet…