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70 news items from South Korea. Show all
South Korea will unveil a steel industry advancement plan this month, including measures for production cuts and facility adjustments, as global trade barriers tighten and oversupply from China persists, according to…
Posco and Hanwha Ocean have signed an MOU in Seoul to jointly develop ultra-high strength, giga-class, steel for next-generation naval ships. The collaboration covers six areas, including steel materials, welding…
South Korea's Hyundai Steel and Dongkuk Steel have formally asked the government to extend anti-dumping duties on Chinese H-beams, local media reported. The companies filed an application with the Trade Commission under…
South Korea plans to introduce a USD 290 mln export guarantee program to support domestic steelmakers hit by steep U.S. tariffs, according to local media. The initiative, discussed during a meeting between Industry…
Hyundai Steel has begun joint development of next-generation building-integrated photovoltaic (BIPV) modules through an industry-academia collaboration with Hanwha Solutions, Lotte Construction, Samhwa Paints, Epscore…
Korea's steel exports to the United States slumped 26pct in July, following Washington's decision to double tariffs on steel and aluminum imports to 50pct, according to the Korea International Trade Association (KITA)…
South Korea has introduced the "K-Steel Act," a bipartisan bill aimed at revitalizing its steel industry amid rising global challenges, including a 50pct U.S. tariff on Korean steel and increased competition from…
Seah Besteel and Seah CSS, subsidiaries of South Korea's Seah Group, have filed an anti-dumping complaint targeting imports of special steel bars from China. The move follows recent government approval of Hyundai…
Hyundai Steel has signed a Strategic Framework Agreement with Amazon Web Services (AWS) at Amazon's Seattle headquarters, aiming to accelerate digital transformation and expand its global presence. Under the agreement…
Hyundai Steel has signed a deal to supply GM Korea with approximately 100,000 tons of automotive steel annually starting in the second half of 2025. This marks a shift from GM Korea's previous supplier, China's Baoshan…
Hyundai Steel, Korea's second-largest steelmaker, has temporarily shut down its No. 2 plant in Pohang, North Gyeongsang, due to prolonged weak demand across the industry. The suspension was attributed to low production…
Hyundai Steel, South Korea's second-largest steelmaker, is considering selling its caterpillar track division at the Pohang 1 plant, 273 kilometers southeast of Seoul, local media reported Monday. The company is in…
South Korea's Dongkuk Steel Mill has announced a temporary suspension of operations at its Incheon plant, citing ongoing weak demand and efforts to stabilize rebar supply. Production at both the rolling mill and…
The South Korean government has decided not to extend anti-dumping duties on stainless flat-rolled steel imports from China, Indonesia, and Taiwan, opting instead for a price commitment mechanism to address concerns…
The South Korean Ministry of Economy and Finance has imposed provisional anti-dumping duties on hot-rolled plate imports from China. The duties, ranging from 27.91pct to 38.02pct, apply to China-origin hot-rolled carbon…
Hyundai Steel has become the first Korean steelmaker to receive U.S. quality certification for steel products used in nuclear reactors, marking a significant step toward entering the U.S. and global nuclear markets. The…
Hyundai Motor Group and Posco Group have deepened their collaboration with a strategic focus on steel, aiming to enhance global competitiveness and secure supply chains in North America. Under the agreement, Posco will…
Hyundai Steel has awarded a contract to Pomini Long Rolling Mills to supply a new Pomini Quenching System (PQS), replacing the existing Tempcore system at its Pohang plant in South Korea. The PQS system will enhance…
South Korea's Hyundai Steel will suspend operations at its Incheon rebar plant for one month starting in April amid falling prices and weak construction demand, according to local media citing industry sources. The…
South Korean steel producer Posco has announced plans to sell its entire stake in Nippon Steel, valued at KRW 467 bln (USD 318 mln), while maintaining their long-standing partnership. The stake has been reclassified as…
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