According to the statistics of Korea Steel Association, the sales volume of steel in South Korea from January to March 2022 was 2.653 million tons, a year-on-year increase of 3.6%. Among them, the domestic sales volume in South Korea was 1.5917 million tons, with a year-on-year increase of 12%, The sales volume of steel plates used in South Korean’s shipbuilding industry was 1076,000 tons, with a year-on-year increase of 41%; The plate exports was 673,600 tons, a year-on-year decrease of 19.7%, mainly due to the decline in exports to Japan and the United States.
Source: Steel & Metal News
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