K-Steel Exports to U.S. Hit 10-Year High Despite 50% Tariff, April Tops 400,000 Tons

South Korea’s steel industry recorded its strongest U.S. export performance in more than a decade in April. Steel exports to the United States reached 400,000 tons, the highest level since February 2015. The increase came despite a steep 50% U.S. tariff barrier, with surging demand from American data centers cited as a key factor. K-steel, which had faced pressure from high tariffs, showed signs of a turnaround on the back of infrastructure and data center-related demand in the U.S. The result indicates that specific demand drivers can support export recovery even under a challenging tariff environment. Source: mk.co.kr