SOUTH KOREA AUTOMAKERS PREDICT GROWTH IN DEMAND FOR KOREAN STEEL FOLLOWING CANADA TRADE DEAL
March 17th, 2014
An official at the Korea Automobile Manufacturers Association (KAMA) has predicted to Steel First that the trade agreement struck between Canada and South Korea on Tuesday could increase demand for Korean-made steel.The official, who had worked on the trade deal talks, explained that there were currently “no fixed plans” to create Korean car plants in Canada and also that any increased demand for Korean cars in Canada arising from the deal would probably not be met by the two Korean-owned plants in the USA (in Georgia and Alabama.)He said: “These two ...
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