South Korea's stainless steel exports decline 6% in H1

South Korea's stainless steel exports totaled approximately 531,500 tonnes in this year's January-June half, lower by 31,700 tonnes or 5.6% year-on-year, according to data from the Korea Customs Service.

The decline reflects a combination of weakening demand from key markets and intensifying global competition, Mysteel Global notes. South Korea's stainless shipments to Vietnam saw the steepest drop in H1, plunging 26.8% year-on-year to roughly 64,000 tonnes, the Customs data show. Exports to Türkiye declined 12.7% on year to around