Tag: South Korea: Heavy plate demand from non-shipbuilding sector remains slow in May

South Korea’s heavy plate demand from non-shipbuilding sectors is showing a slow recovery, resulting in a decline in its sales volumes in the secondary market. During end-April 2022, the price of heavy plates in the secondary market had risen to KRW 1.4 million per tonne (t) ($1,099/t), but lack of demand and a decline in…