Tag: South Korea’s HRC imports
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South Korea: HRC imports likely to rise in CY’22 amid demand-supply mismatch
Demand-supply mismatch admist production cuts in CY’22, might open gates for imports of hot rolled coils, as per a SteelDaily report. During the eleven month (Jan-Nov) CY’21 the country’s cumulative HRC import volumes were recorded at 3.36 mn t, as per data maintained with SteelMint. Korea’s leading steel mill, POSCO, has planned to carry out…