Metals & Mining in South Korea

Metals & Mining in South Korea

  • February 2020 •
  • 58 pages •
  • Report ID: 2881650 •
  • Format: PDF
Metals & Mining in South Korea

Metals & Mining in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
- The metals & mining industry consists of the aluminum, iron & steel, precious metals & minerals, coal and base metal markets.
- The South Korean metals & mining industry had total revenues of $67.5bn in 2018, representing a compound annual rate of change (CARC) of - 0.5% between 2014 and 2018.
- Production volume increased with a CAGR of 0.1% between 2014 and 2018, to reach a total of 120.8 million metric ton in 2018.
- While mining itself is not a major contributor to South Korea’s economy, steel exports are a major driver for growth in this industry. Subsequently, the significant decline in 2015 led the market to contract overall. The decline was due to China overproducing steel which caused the price of steel to drop significantly. However, the rush to beat President Donald Trump’s steel tariffs resulted in a boost in demand, which drove up the value of the market.

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the metals & mining market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the metals & mining market in South Korea
- Leading company profiles reveal details of key metals & mining market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea metals & mining market with five year forecasts by both value and volume

Reasons to Buy
- What was the size of the South Korea metals & mining market by value in 2018?
- What will be the size of the South Korea metals & mining market in 2023?
- What factors are affecting the strength of competition in the South Korea metals & mining market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea’s metals & mining market?

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