H. Yoo
Research expert covering South Korea
Steel industry in South Korea - statistics and facts
South Korea’s well-established steel industry is striving to successfully adapt to the ever-changing business environment. The entwined nature of the industry and its contribution to several manufacturing industries means that the impact of economic uncertainty on a global scale is being felt. Additionally, the emergence of technologies such as artificial intelligence (AI) has shifted the spotlight to semiconductors while demand for steel has stagnated.
