Steel Production in South Korea decreased to 5500 Thousand Tonnes in February from 6000 Thousand Tonnes in January of 2021. source: World Steel Association

Steel Production in South Korea averaged 3495.74 Thousand Tonnes from 1980 until 2021, reaching an all time high of 6405.68 Thousand Tonnes in March of 2014 and a record low of 650 Thousand Tonnes in February of 1980. This page has Steel Production values for South Korea. South Korea Steel Production - values, historical data and charts - was last updated on April of 2021.

Steel Production in South Korea is expected to be 5500.00 Thousand Tonnes by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Steel Production in South Korea to stand at 6500.00 in 12 months time. In the long-term, the South Korea Steel Production is projected to trend around 6000.00 Thousand Tonnes in 2022, according to our econometric models.

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South Korea Steel Production

Actual Previous Highest Lowest Dates Unit Frequency
5500.00 6000.00 6405.68 650.00 1980 - 2021 Thousand Tonnes Monthly
Volume, NSA

South Korea Business Last Previous Highest Lowest Unit
Business Confidence 89.00 82.00 119.00 35.00 points [+]
Manufacturing PMI 55.30 55.30 55.30 41.30 points [+]
Industrial Production 0.90 7.80 38.90 -25.30 percent [+]
Industrial Production Mom 4.30 -1.20 11.00 -11.10 percent [+]
Manufacturing Production 1.00 7.40 41.60 -26.70 percent [+]
Capacity Utilization 104.80 104.90 106.10 3.80 points [+]
New Orders 8756127.00 6710708.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 153.00 1080.90 13025.10 -10570.70 KRW Billion [+]
Bankruptcies 8.00 19.00 3377.00 8.00 Companies [+]
Car Registrations 141236.00 107280.00 205595.00 49944.00 [+]
Leading Economic Index 124.70 124.20 124.80 4.40 points [+]
Internet Speed 28553.69 26116.23 29047.94 6992.81 KBps [+]
IP Addresses 25814048.00 25049894.00 25814048.00 13271570.00 IP [+]
Mining Production -10.50 -1.00 43.10 -36.00 percent [+]
Steel Production 5500.00 6000.00 6405.68 650.00 Thousand Tonnes [+]
Ease of Doing Business 5.00 5.00 23.00 4.00 [+]
Electricity Production 24494.72 23710.08 25106.16 13859.99 Gigawatt-hour [+]
Car Production 3950617.00 4028834.00 4657094.00 1954494.00 [+]
Coincident Index 114.30 114.00 114.30 4.30 points [+]
Competitiveness Index 79.62 78.84 79.62 4.93 Points [+]
Competitiveness Rank 13.00 15.00 26.00 11.00 [+]
Corruption Index 61.00 59.00 61.00 38.00 Points [+]
Corruption Rank 33.00 39.00 52.00 27.00 [+]