South Korea: Hot-dip galvanised steel sheet exports, imports surge in Oct

The Korea Iron and Steel Association (KISA) reported that both exports and imports of hot-dip galvanised steel sheets (GI) increased in October 2023 compared to the same month last year.

Exports: Exports of GI reached 130,020 tonnes (t) in October 2023, up 32.9% y-o-y from the same month last year (October 2022). This increase was driven by strong demand from automobile producers in Europe, Japan, and the United States. Exports to these regions grew y-o-y by 203.6%, 31.8%, and 209.1%,