Tag: South Korea: Hyundai Steel’s HR product price falls slow down

The decline in Hyundai Steel’s domestic hot-rolled (HR) product prices slowed down, which were recorded at KRW 1.1 million/tonne ($773/t) levels in early-October. Notably, prices soared to KRW 1.25 million/tonne ($879/t) levels in late-September amid reduction in supply of HR products. The reduction in supply was mainly due to shutdown of hot-rolling (HR) line and…