South Korean steelmakers seek government help to protect U.S. import quotas amid policy fears.

South Korean steelmakers, including POSCO and Hyundai Steel, are urging the government to form a joint consultative body to prepare for potential policy changes under the incoming U.S. administration. This was discussed in a meeting with Industry Minister Ahn Duk-geun, focusing on maintaining the current steel import quota of 2.63 million tons from South Korea to the U.S. The goal is to ensure continued business opportunities despite potential policy shifts.

November 22, 2024
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