steel import - Latest news GMK Center

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

South Korea became the largest supplier during this period

Turkish and Chinese suppliers control the key share of the market, increasing their supply volumes year after year

The government is also looking into speeding up the replacement of its own protective measures