Steel Exports Archives | Be Korea-savvy

Government Rolls Out Relief Measures as U.S. Tariffs Slam South Korean Steel Exports

SEOUL, Sept. 19 (Korea Bizwire) — Industry Minister Kim Jung-kwan said Friday the government will introduce a new export guarantee program worth around 400 billion won (US$290 million) for the steel industry faced with steep tariffs from the United States. Kim made the remarks during a meeting with top executives of major steel companies, including [...]

S. Korean Businesses Voice Concerns in U.S. Over Steel Exports

SEOUL, April 17 (Korea Bizwire) – The head of a South Korean traders association met with deputy U.S.trade representative Jeffrey Gerrish and conveyed industry wide concerns over steel import restrictions, the organization said Tuesday. Kim Young-ju, CEO of Korea International Trade Association (KITA), said the South Korean steel industry is relieved by Washington’s move to exempt its companies from the list [...]