Insight
Assessing the impact of coronavirus in Korea
Report summary
On 20th February, South Korea was the fourth Asian nation to record coronavirus cases after China, Singapore and Japan. The initial trajectory of new cases was worse than even China, but strict measures enabled the initial phase to peak by around 4th March. Since then new cases are stable at around 100 per day, with nearly 10,000 confirmed infections in total. For many, South Korea is a comparative success story in this crisis given the initial infection rate, but there will still be considerable economic consequences in the world's fourth largest metallurgical coal importer. As part of our ongoing coverage of coronavirus impacts, we assess the effects of the outbreak on the economy, steel-intensive sectors, and metallurgical coal buyers.
Table of contents
- Korean economy facing direct and indirect impacts from coronavirus
- Uneven impact on Korea’s steel-intensive industrial sectors
- Hot metal production to take a hit
- Met coal imports will also decline, but which supply sources are most at risk?
- Conclusion
Tables and charts
This report includes 2 images and tables including:
- Steel sector impacts in Korea
- Korea's metallurgical coal imports (2019-2020)
What's included
This report contains:
Other reports you may be interested in
Insight
Asia Pacific solar boom brings peak of power sector carbon emissions in sight
This report reviews the scale and updated outlook for solar installations and key future trends.
$1,050
Commodity Market Report
North America gas short-term outlook: Henry Hub generates support while Waha falls into an abyss
Can prices rebound to $3/mmbtu by the start of winter?
$2,000
Commodity Market Report
Asia Pacific product market strategic planning outlook
This outlook for the Asia Pacific oil products market analyses the key long term trends to 2050 to support your strategic planning
$4,750
