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10 Aug
10:25

South Korean first-half steel production mounts

Supported by a steel demand recovery in their main consuming industries, South Korean steelmakers achieved better sales in both domestic and overseas markets in the first half of 2021. Half-year crude steel output was up 8.3% year-on-year to 35.2 million tonnes, Kallanish notes. Over January-June, steel produced by blast furnace-basic oxygen furnace producers in the country rose 8% y-o-y to 23.7mt, while electric arc furnace enterprises produced 11.5mt, up 9.1%, a…
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