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Home›News›South Korean steel industry faces new risks
News

January 8, 2006 · about 20 years ago

South Korean steel industry faces new risks

The Korea Iron & Steel Association forecasts national steel demand to swell 1 percent to 47.4 million tons thanks to brisk market outlooks for autos and shipbuilding this year. Domestic crude steel production will drop 1 percent to 47.22 million tons due to the sluggish construction sector and ongoi

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The Korea Iron & Steel Association forecasts national steel demand to swell 1 percent to 47.4 million tons thanks to brisk market outlooks for autos and shipbuilding this year. Domestic crude steel production will drop 1 percent to 47.22 million tons due to the sluggish construction sector and ongoing furnace repair jobs, KOSA said.

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