News Room - Steel Industry

Posted on 14 Aug 2015

Korea seven major steel producers announces rebar sold more than 890,000 tons

Despite the strong demand in the construction industry, Korea major steel mills have increased steel production, however, rebar inventories remained at low levels.

By the end of July, there are including Hyundai steel, the Dong Kuk steel Korea seven major steel rebar stocks of 17.18 million tons, and remain unchanged compared with last month.

Due to the approach of the summer holidays, since the end of July, Korea steel sales have been slow, but because of improved demand in the construction industry, the market's overall sales was better than a previous year.