The market is dominated by domestic suppliers, as imports account for 9.6% of total market size in 2025. B2B drives market demand, with B2B spending representing 97.3% of total demand in 2025. South Korea has the fourth largest market size for structural metal products regionally, with demand reaching USD22.6 billion in 2025. Hyundai Steel Co is the largest company in South Korea, generating 5.5% of the industry’s total production value in 2025. The industry is fragmented, with the top five companies generating 11.3% of total production value in 2025. The total number of companies decreases in 2025, to 26,738 units. The costs of the industry increase by 2.8% in 2025, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 15.3% of production value in 2025, the ninth highest regionally. The industry’s exports share decreases in 2025 to 21.5% of total production output. With production value of USD25.4 billion, South Korea accounts for 5.9% of the Asia Pacific total in 2025.
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Overview:
This Euromonitor industrial report provides unique information on Structural Metal Products in South Korea: ISIC 2811. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Structural Metal Products in South Korea: ISIC 2811 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Metal Products in South Korea report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Metal Products?
- How the Metal Products will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Structural Metal Products in South Korea: ISIC 2811
Headlines
Market Overview
Metal Products
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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