South Korea - Latest news GMK Center

The US president justified the decision by citing delays in the ratification of the trade agreement

Analysts suggest that the steel producer is preparing to restructure the country's steel sector

Partnership is a strategy to counter US trade barriers

The company is simultaneously developing technologies for converting conventional raw materials into high-quality

This could harm Korean investment in the country, said the deputy minister of trade

The industry welcomed this step, but is disappointed by the exclusion of electricity subsidies from the law

The government allocates 400 billion won to exporters and encourages the transition to green steel

The joint venture envisages a production capacity of 2 million tons per year and strengthening positions in Southeast Asia

The government promises to continue negotiations with Washington on reducing tariffs

The duties will be imposed for a period of four months starting September 1

The industry's green transition relies on manufacturers' own innovations and strong investment resources

A bipartisan bill aimed at helping local steel producers has been introduced in the country