Dongkuk Steels Itself For Tough Negotiations With Customers — Panjiva
Más

Panjiva_research_logo

Dongkuk Steels Itself For Tough Negotiations With Customers

Materials - Metals/Mining 713 Metals - Steel 484 South Korea 553 Tariffs 1771 U.S. 5260

South Korean steel manufacturer Dongkuk Steel has “temporarily suspended” exports to the U.S. as it works with customers on how to “share tariffs” that have resulted from President Trump’s section 232 review of the steel industry. That may include pushing for product exemptions. Dongkuk’s supplies to the U.S. of the products covered had already declined by 38% in the three months to February 28 sequentially. Its largest product lines have been flat rolled steel sheets (86.8% of volumes in the past 12 months) while the bulk specialist shippers SK Shipping (56% of handling) and Pan Ocean (...

Copyright © 2022 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.