Tag: South Korea: Key steel mills report 13% drop in heavy plate sales in Feb’22

South Korea: Key steel mills report 13% drop in heavy plate sales in Feb’22

Mar 14, 2022

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by

Kanishka Chhabria

in HR Plate

POSCO, Hyundai Steel and Dongkuk Steel have reported a 13% drop in heavy plate sales to a combined 702,000 tonnes (t) in Feb’22. However, on an annualised basis, sales inched up marginally by 0.6% as against Feb’21. Domestic sales stood at 562,000 t, down by 12.5% m-o-m, but increased 12.2% y-o-y. Exports stood at 140,000…