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    March 10, 2021

    South Korea Nearing Q1 Section 232 Quota Limit for HRC

    Written by Michael Cowden

    Hot-rolled coil import volumes from South Korea appear poised to dip in March versus February because the country is nearing its first-quarter Section 232 quota limit, according to government figures.

    U.S. buyers have imported 87,493.74 tonnes of South Korean hot-rolled coil from the beginning of the year through March 10, according to data from U.S. Customs and Border Protection (CBP) last updated on Wednesday.

    Michael Cowden

    Michael Cowden is editor-in-chief for Steel Market Update. Cowden has covered the steel industry since 2007. He specializes in flat-rolled steel but has also reported on steel long products, steel pipe and tube, and aluminum. Before joining SMU, Cowden held reporting jobs at Fastmarkets AMM in Chicago, the Associated Press in Pittsburgh, and the Cambodia Daily in Phnom Penh. He has also worked as a copy editor and in marketing at the University of Chicago Press. Cowden has a BA in English from the University of Chicago and an MSJ journalism from Northwestern University’s Medill School of Journalism. Contact him at michael@steelmarketupdate.com or 724-759-7872.

    Read more from Michael Cowden

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