05
May
01:00
South Korean electricity demand hints at weak steel output in March
South Korean electricity demand fell sharply in March, largely on the back of lower steel production, according to a government report last week. The news suggests the country’s steel sector is continuing to be hit hard by regional oversupply and currency issues, Kallanish notes.
A -1.1% year-on-year decline in industrial electricity consumption in March was largely due to a -6.3% drop in demand from the steel sector. This accounts for around a fifth o…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous