Tag: South Korea: Hot-rolled steel products imports surge over 30% y-o-y in H1CY’22

South Korea’s imports of hot-rolled (HR) products stood at 1.5 million tonnes (mnt) in January-June, 2022 (H1CY’22), despite slow demand in the country. Imports surged higher by 34% compared with the year-ago period. Alongside competitive offers from exporting countries, supply disruption due to facility repairs and elevated domestic prices resulted in higher imports of HR…