Reinforced Bar Makers Reducing Output in Q2 on Low Demand

SEOUL, May 31 (Korea Bizwire) — South Korea’s reinforced bar makers are reducing their output in the second quarter due to a decline in demand from the home construction market, industry sources said Thursday. Hyundai Steel Co., Dongkuk Steel Mill Co. and Daehan Steel Co. plan to reduce the production of reinforced bars or put [...]