Tag: South Korea: Heavy plates market slumps in April; exports

South Korea’s heavy plate trade experienced a significant downturn in April 2024 compared to both the previous year and the previous month. According to the Korea Steel Association, exports fell by 25.9% y-o-y and 26.6% m-o-m to 91,914 tonnes (t). Meanwhile, imports decreased by 13.1% y-o-y and 13.3% m-o-m to 175,147 t. The slump wasn’t…