Tag: south korea wire rod imports
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South Korea: Surge in mild steel wire rod imports raises quality and safety concerns
South Korean imports of mild steel wire rods rose sharply to around 384,000 tonnes (t) in Jan-Nov’21 against 124,000 t in CY’20. Increased imports have raised concerns over the quality of products and safety issues, though. China, claiming half the share of total imports in Jan-Nov’21 at 174,931 t, continues to remain the major exporter.…