08
Apr
10:14
Korean market to bottom out this year: Kosa
Korea’s steel demand slumped in 2018 but GDP growth is expected to bottom out in the first half of 2019, according to the Korea Iron and Steel Association (Kosa) presentation at the recent OECD Steel Committee meeting. The weak steel market has also impacted trade, with Korean imports falling sharply, Kallanish notes.
2019 is expected to see Korea’s economic indicators bottom out, Kosa says, quoting Bank of Korea forecasts. These see GDP growth of 2.…
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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