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[Ferro-Alloys.com]According to data released by the South Korean Ministry of Knowledge and Economy (MKE), the country’s trade surplus in November was at USD4.5 billion, higher than USD3.7 billion in October.

In November, the country’s export revenues amounted to US$47.8 billion, rising by 3.9% year on year and increasing by 1.5% from a month ago.

At the same time, the country’s export revenues of base steel totaled USD3.8 billion, increasing by 15.3%; those of automobile were at USD4.5 billion, up by 1.8%, both compared to that in November, 2012.