Tag: South Korea’s domestic hot-rolled product prices likely to fall by up to $37/t for September

South Korean blast furnace steel producers reduced prices of hot-rolled products in July and August. The trend is expected to continue in September as well. According to the steel pipe industry players, domestic blast furnace steelmakers are planning to lower hot-rolled prices by KRW 30,000-50,000/t ($22-37/t) in September, although there will be differences. In response…