Steel Production in South Korea increased to 6100 Thousand Tonnes in March from 5500 Thousand Tonnes in February of 2021. source: World Steel Association

Steel Production in South Korea averaged 3501 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 May of 2021.

Steel Production in South Korea is expected to be 6000.00 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 5900.00 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
6100.00 5500.00 6405.68 650.00 1980 - 2021 Thousand Tonnes Monthly
Volume, NSA

South Korea Business Last Previous Highest Lowest Unit
Business Confidence 96.00 89.00 119.00 35.00 points [+]
Manufacturing PMI 54.60 55.30 55.30 41.30 points [+]
Industrial Production 4.70 0.90 38.90 -25.30 percent [+]
Industrial Production Mom -0.80 4.40 11.00 -11.10 percent [+]
Manufacturing Production 4.70 1.00 41.60 -26.70 percent [+]
Capacity Utilization 105.50 104.80 106.10 3.80 points [+]
New Orders 14687024.00 8756127.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 467.90 153.00 13025.10 -10570.70 KRW Billion [+]
Bankruptcies 25.00 8.00 3377.00 8.00 Companies [+]
Car Registrations 141236.00 107280.00 205595.00 49944.00 [+]
Leading Economic Index 125.30 124.70 125.30 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 [+]
Corruption Index 61.00 59.00 61.00 38.00 Points [+]
Corruption Rank 33.00 39.00 52.00 27.00 [+]
Coincident Index 115.10 114.30 115.10 4.30 points [+]
Competitiveness Index 79.62 78.84 79.62 4.93 Points [+]
Competitiveness Rank 13.00 15.00 26.00 11.00 [+]
Car Production 3506774.00 3950617.00 4657094.00 1954494.00 [+]
Ease of Doing Business 5.00 5.00 23.00 4.00 [+]
Electricity Production 22349.73 24494.72 25106.16 13859.99 Gigawatt-hour [+]
Mining Production -11.10 -10.10 43.10 -36.00 percent [+]
Steel Production 6100.00 5500.00 6405.68 650.00 Thousand Tonnes [+]