Tag: South Korea: POSCO Hyundai Steel register rise in hot-rolled steel plate production in August

POSCO and Hyundai Steel, two major Korean steel producers, have reported an increase in production and sales of hot-rolled plates in August 2022. Sales stood at 910,000 tonnes (t) in August, up 0.6% m-o-m and 4% from the same period last year. Domestic sales accounted for 550,000 t out of total sales, down 11.3% m-o-m…