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Steelmakers Zero In on Materials for Eco-friendly Vessels

Steelmakers Zero In on Materials for Eco-friendly Vessels

SEOUL, Sept. 30 (Korea Bizwire) – South Korea’s steelmakers are looking at core materials used for environmentally friendly vessels ahead of the implementation of a new environmental regulation by the International Maritime Organization (IMO) as part of their efforts to diversify its product portfolio and beef up profitability, industry observers said Monday. The IMO will [...]

Gov’t, Steelmakers Discuss Ways to Tackle U.S. Trade Protectionism

Gov’t, Steelmakers Discuss Ways to Tackle U.S. Trade Protectionism

SEOUL, Dec. 25 (Korea Bizwire) — South Korea’s trade ministry and local steelmakers have discussed ways to cope with the United States’ growing trade protectionism including adjusting steel exports, officials said Monday. The ministry held a meeting with trade experts and local steelmakers, including top player POSCO and its rival Hyundai Steel Co., on Thursday [...]