South Korean car exports during the first nine months of the year grew more than 80 percent compared with 2019, according to an industry report released Monday.According to the report by the Korea Automotive

Industry Minister nominee Ahn Duk-geun said Monday he will focus on securing key industrial materials to safeguard local industries from global supply chain disruptions.”I will promptly stabilize issues surrounding the supply chain and further

President Yoon Suk Yeol on Sunday named a new industry minister in a Cabinet reshuffle that will replace the country’s industry chief after just three months.Trade Minister Ahn Duk-geun was nominated as the new

SEOUL, Lotte Fine Chemical Co. said Saturday it has imported 5,500 tons of urea for vehicles from Vietnam, a move expected to help ease concerns over urea supplies following China’s export suspension.The amount is

SEOUL, South Korea’s industry ministry said Wednesday it plans to broaden the sources of key industrial material imports by 2030, aiming to reduce its reliance on a limited set of countries.Under the strategy, South