Tag: South Korea: HR steel plate production increases y-o-y in H1 2024

Steel Daily: Despite a slight increase y-o-y in South Korea’s hot-rolled (HR) steel plate production in the first half of 2024 (January-June), sales have declined, according to the Korea Iron and Steel Association. This trend can be attributed to factors such as increased self-consumption, the domestic economic recession, and global protectionism. Production of HR steel…