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South Korea's HRC sales increased in May

South Korea's hot-rolled steel sales increased in May compared to the previous month and the same month of the previous year.

South Korea's HRC sales increased in May

In May this year, South Korea's hot-rolled flat steel sales amounted to 1.01 million tons, an increase of 9.8% compared to April and 5.2% compared to May 2022.

Domestic sales increased by 12.3

Of these, domestic sales accounted for 595,000 tons, up 12.3% mom, and exports for 415,000 tons, increasing by 6.4% m-o-m.

In the first five months of 2023, the country's total hot-rolled steel exports increased by 36.2% y-o-y to around 1.66 million tons.

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