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South Korean capacity continues to grow with two new players
03 Sep
01:00

South Korean capacity continues to grow with two new players

The South Korean steel market is becoming increasingly crowded with two new players starting construction and planning to come on-stream in 2016. The pair will add more than 1 million tonnes/year of steelmaking in a country already reeling from the recent massive expansion by Hyundai Steel. Husco Co. said this week that it would start construction of its new 800,000 t/y special steelworks slightly later than planned in September or October. The delay was cau…
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