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Apr.28.2024 1USD=7.1056RMB
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South Korea’s Wire Rod Production and Sales Both Increased in 2023

https://en.steelhome.com [SteelHome] 2024-02-20 11:07:13

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In 2023, South Korea's wire production reached 3.281 million tons, a year-on-year increase of 23%; The sales volume was 2.804 million tons, a year-on-year increase of 6.1%; The domestic shipment volume was 1.943 million tons, a year-on-year increase of 0.2%. Market insiders have stated that the improvement in demand for wire rods in downstream industries such as construction and machinery in South Korea in 2023 is the main reason for the growth in wire production and sales.
(To contact the reporter on this story: jake.yang@steelhome.cn or 86-21-50585733 13816581143)
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