South Korea's Steel Sector Under Pressure as U.S. Tariffs Kick In

NEW DELHI--April 16, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--South Korea, a leading export-oriented global steel producer, estimates the latest U.S. steel tariffs will hurt its economy. Citibank says this impact would amount to about 0.11% to 0.22% of the country's gross domestic product.