Tag: South Korea: Heavy plate imports rise sharply in Q1CY’22 on higher shipbuilding demand

South Korea’s imports of heavy plates stood at 0.40 million tonnes (mnt) in Q1CY’22 as against 0.12 mnt in the same period last year. The increase in volumes is majorly due to the low base effect. Almost 70% of imports were shipped from Japan at 0.27 mnt – an increase of 245.9% compared with the…