Trade Resources Industry Trends Korea's H Beam Stocks Have Decreased Recently

Korea's H Beam Stocks Have Decreased Recently

It's reported that Korea's H beam stocks have decreased recently. As of July 25th, the H beam stocks hold by the two major producers Hyundai Steel and Dongkuk Steel totaled 135,000 tons, decreasing by 12,000 tons from a month ago and touching the lowest level since this year. It's analyzed that lower stock was caused by recovered demand and reduced production due to electricity limitation in the country. Meanwhile, Dongkuk Steel postpones its H beam production at its Pohang works during July 24th and August 6th for maintenance, making its H beam output decrease by 50,000~60,000 tons.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65624&division=A4
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Korea's H Beam Stocks Fall
Topics: Construction