It was known from International Lift Expo Korea 2018 which was held in Goyang city from 14th to 16th of November, Most doors of elevators were made of stainless steel, including those in apartments, hotels and mansions. Except those normal applications, there were elevators for automobiles, cargo-carry, and catering business.

The stainless steel market has been sluggish this year as sales performance continues to shrink. However, the demand continued to be strong in the fields of decoration, re-building and high buildings.

Based upon the source, the demand of elevators in South Korea was around 40,000 units, which were seen to be the third largest elevator market in the globe. Many buildings in South Korea were required for reconstruction especially those mansions above 10 floors.

Also, the demand for elevators built in low buildings was increasing as South Korea was toward to be an aging society. Hence, it was estimated to have stainless steel market expand in South Korea with increasing demand of elevators.