Trade Resources Economy Korea's H Beam Sale Volumes Dropped in 2012 Due to Sluggish Global Economy

Korea's H Beam Sale Volumes Dropped in 2012 Due to Sluggish Global Economy

Tags: H beam, Iron, Steel

Korea’s H beam sale volumes dropped in 2012 due to sluggish global economy.

According to the Korea Iron & Steel Association (KOSA), Korea’s sales volumes of H beams totaled 3.206 million tons in 2012, down by 0.1% year on year.

Among them, around 1.28 million tons were sold to export market, rising by 3.2% and around 1.92 million tons were sold to domestic market, up by 2.3%, both compared to the figures in a year ago.

It’s known that the Korean H beam makers faced fierce price competition against the materials offered by the Chinese mill in the overseas market.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62878&division=A4
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Korea’S H Beam Sales Down in 2012