steel import - Latest news GMK Center

The country's Chamber of Foreign Trade notes that quotas do not reflect actual trade flows

The market faces surprises due to last-minute rules

The quota scheme will be in effect for six months, until June 30

Total steel imports for the month increased by 11% month-on-month

Last year, Chinese products accounted for only 4.7% of the market, while by the end of 2025, this figure had risen to 22.5%.

The duty of $223.82/ton will be in effect for 5 years

The institution strives to ensure flexibility and consideration of consumer needs in the processing segments

Total steel imports for the month fell by 16.7% m/m

The association's secretary general believes that the industry needs to increase capacity utilization

Total steel shipments increased by 0.3% y/y, with long products up 14% y/y

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

In April, the country implemented a temporary protective measure, which expired in November