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11 Mar
00:00

Korea sees fall in steel imports from China

South Korea imported 905,000 tonnes of finished steel from China in February, down -12.3% year-on-year, according to data from the Korea Iron and Steel Association (Kosa). This was the first y-on-y decline in imports from China in 16 months, Kallanish notes. South Korea’s imports from China reached a six-year high of 13.4 million tonnes in 2014 as China ramped up exports to offset weak demand at home. However, the domestic Korea market is also not stro…
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