Tag: South Korea: Hot-rolled wide steel strip exports drop 2% y-o-y in Jan-Jul’22

South Korea: Hot-rolled wide steel strip exports drop 2%, y-o-y, in Jan-Jul’22

Aug 18, 2022

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by

Suyash Jain

in HRC

South Korea’s hot-rolled wide steel strip prices fell marginally by 2% y-o-y to 2.08 million tonnes (mnt) in January-July, 2022 against 2.13 mnt in the same period last year. Slowdown in exports was majorly due to logistics issues caused by the spread of COVID-19 pandemic and the drop in Chinese steel prices in Q2CY’22. HR…