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Apr.28.2024 1USD=7.1056RMB
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South Korea's Rebar Production in 2023 Decreased by 5% y-o-y

https://en.steelhome.com [SteelHome] 2024-03-22 16:58:50

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According to statistics from the Korea Iron and Steel Association, the production of rebar in South Korea in 2023 was 9.49 million tons, a year-on-year decrease of 5%, the lowest level in the past three years. Also according to a domestic steel industry information agency in South Korea, the average utilization rate of rebar production capacity among the top four rebar producers in South Korea in 2023 was 64.4%, a year-on-year decrease of 12.5%.
(To contact the reporter on this story: jake.yang@steelhome.cn or 86-21-50585733 13816581143)
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