Korea’s HRC Production Falls in August

  • Wednesday, October 16, 2013
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  • Keywords:Korea’s HRC August
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It’s reported that Korea’s output of hot rolled coils totaled 2.44 million tons in August, falling by 13% from a month ago and decreasing by 16% year on year, according to data released by the Korea Iron & Steel Association (KOSA).
 
In the first eight months of this year, the country’s HRC output amounted to 21.54 million tons, falling by 5% year on year.
 
Industry sources indicated that the dip in HRC output was caused by Hyundai Steel’s output reduction in August.
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