Tag: South Korea: Heavy plate imports jump y-o-y in Jan-Jul’22

South Korea’s heavy plate import volumes rose by a whopping 130% y-o-y to 1.055 million tonnes (mnt) in January-July 2022 as against 459,743 t in the same period last year. Increase in orders from domestic shipbuilding industry and drop in export offers amid falling global steel prices have resulted in a sharp rise in imports…