9,157.62 TRY BIST 100 BIST 100
39.29 USD USD USD
5.50 CNY CNY CNY
45.41 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
43.69 TRY Interest Interest
68.33 USD Fossil Oil Fossil Oil
45.87 USD Silver Silver
4.82 USD Copper Copper
94.73 USD Iron Ore Iron Ore
330.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,357.14 TRY Gold (gr) Gold (gr)

South Korea's crude steel production decreased in July

South Korea's crude steel production decreased by 3.4% in July 2024 compared to last year.

South Korea's crude steel production decreased in July

South Korea's crude steel production increased by 7.84% in July 2024 compared to June, but decreased by 3.4% y-o-y to 5.5 million tons, according to SteelRadar's data from the World Steel Association (Worldsteel). The country ranked sixth in crude steel production in July.

South Korea's total crude steel production in the January-July 2024 period reached 37.1 million tons, down by 5.9% from the same period last year. This rate indicated that South Korea had the highest y-o-y decline among the ten countries on the list.

South Korea's flat steel production decreased by 5.2% y-o-y to around 6.4 million tons in the January-July 2024 period. In contrast, production figures for July were more positive. South Korea produced around 975,000 tons of flat steel during the month, up 12.7% from June 2024 and 0.5% from July 2023. The figure reached in July was the highest in 2024.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Thyssenkrupp Steel successfully produces first slabs on new continuous casting line in Duisburg

Friday, June 13, 2025

Hür Çelik has taken the first step towards permanent growth in Europe: Düsseldorf office starts operations

Friday, June 13, 2025

Middle East tensions shake oil, currency and gold markets; warning for shipping lines

Friday, June 13, 2025

The EU plans to reintroduce country-specific quotas on certain steel products

Friday, June 13, 2025

US announces preliminary AD results on stainless steel bars originating in India

Friday, June 13, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now