Posted on 12 Aug 2021
According to statistics from Korea Iron and Steel Association (KOSA), South Korea's total crude steel production amounted to 35.2 million tons in the first half of 2021, increasing by 8.3% compared with the same period of last year.
Among them, the crude steel output from electric furnaces rose by 9.1% year on year to 11.5 million tons.
Both POSCO and Hyundai Steel were optimistic about steel demand and the pricing trend in the second half of this year.
Source:Yieh
