SEOUL -- South Korea, long a pillar of the global steel industry, is facing a triple threat in the form of weak domestic demand, a flood of cheap Chinese imports and painful U.S. tariffs.
Posco, Hyundai Steel try to break free with move up value chain

Posco and other South Korean steelmakers are investing overseas amid soft demand at home. (Posco)
SEOUL -- South Korea, long a pillar of the global steel industry, is facing a triple threat in the form of weak domestic demand, a flood of cheap Chinese imports and painful U.S. tariffs.