In 2023, the demand for steel in South Korea was approximately 80 million metric tons. This was an increase from the previous year. Figures have remained relatively stable in recent years.
How much steel is exported from South Korea?
South Korea’s exports of steel were higher than the amount of steel imported to the nation by a fair margin. Steel produced in South Korea was exported to various countries, with China being the major market for South Korean steel products. China was also a leading country of origin for steel imports to South Korea, with Japan being the only country that South Korea exported more steel to.
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Statistics Korea. (August 21, 2024). Volume of steel demand in South Korea from 2010 to 2023 (in million metric tons) [Graph]. In Statista. Retrieved December 10, 2024, from https://www.statista.com/statistics/268686/steel-demand-in-south-korea-since-2008/
Statistics Korea. "Volume of steel demand in South Korea from 2010 to 2023 (in million metric tons)." Chart. August 21, 2024. Statista. Accessed December 10, 2024. https://www.statista.com/statistics/268686/steel-demand-in-south-korea-since-2008/
Statistics Korea. (2024). Volume of steel demand in South Korea from 2010 to 2023 (in million metric tons). Statista. Statista Inc.. Accessed: December 10, 2024. https://www.statista.com/statistics/268686/steel-demand-in-south-korea-since-2008/
Statistics Korea. "Volume of Steel Demand in South Korea from 2010 to 2023 (in Million Metric Tons)." Statista, Statista Inc., 21 Aug 2024, https://www.statista.com/statistics/268686/steel-demand-in-south-korea-since-2008/
Statistics Korea, Volume of steel demand in South Korea from 2010 to 2023 (in million metric tons) Statista, https://www.statista.com/statistics/268686/steel-demand-in-south-korea-since-2008/ (last visited December 10, 2024)
Volume of steel demand in South Korea from 2010 to 2023 (in million metric tons) [Graph], Statistics Korea, August 21, 2024. [Online]. Available: https://www.statista.com/statistics/268686/steel-demand-in-south-korea-since-2008/