According to market sources; the Korean
galvanized steel makers, Union Steel, Hysco and Dongbu have decided to increase the supply of
galvanized material into the market. The mentioned companies have been keeping the supply at a limited level in an effort to push prices as high as possible along with their profits capitalizing on the strong demand, during the first half of the year.
However, taking into consideration the strong pressure from the buyers, they have decided to increase
production quantity to maximum level to meet the demand.