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News
Breaking Through the Construction Slump and Heading to America — K-Steel Finds New Lifeline in Data Centers and Nuclear Power — BigGo Finance
1+ week, 3+ day ago (464+ words) The increase in rebar exports comes despite the U.S. imposing a 50% tariff on imported steel, driven by simultaneous increases in local demand and prices. With AI data center construction projects piling up, U.S. domestic rebar supply has failed to keep pace with…...
South Korean Steel Exports to EU Plunge 41% in First Month of Tightened Safeguards — BigGo Finance
2+ week, 6+ day ago (477+ words) South Korea's steel exports to the European Union tumbled 41.2% year-on-year to $188.31 million in July, the first month after the EU slashed its tariff-free steel import quota by 46% and raised out-of-quota tariffs to 50%. Export volume also fell 44.8%, marking the lowest July…...