SK: Heavy plate production, sales stay flat in H1CY22

South Korea's heavy plate production and sales were largely stable in January-June 2022 (H1CY22) compared to the same period last year on rise in shipments to shipbuilding sector.

Production, sales up marginally y-o-y in H1 Heavy plate production by Korean mills stood at 4.51 million tonnes (mnt) in H1CY22, up marginally by 1% against 4.47 mnt in the same period last year. However, in June 2022, production volumes dropped 2% to 759,184 tonnes (t) in comparison with 777,141