Trade Resources Economy Korea Imported 274,330 Tons of Heavy Plates in January,Down by 0.8% From a Month Ago

Korea Imported 274,330 Tons of Heavy Plates in January,Down by 0.8% From a Month Ago

According to statistics, Korea imported 274,330 tons of heavy plates in January, down by 0.8% from a month ago.

Among them, 175,731 tons were imported from China, rising by 14.5% and 91,299 tons were from Japan, decreasing by 22.8%, both compared to the figures in a month ago.

It’s known that Korea’s heavy plate imports from China have continues rising since January due to low-priced offers.

In January, the country’s import prices of heavy plates from Japan averaged at US$830/ton, decreasing by US$7/ton while the import prices of China-origin heavy plates averaged at US$610/ton, decreasing by US$23/ton, both compared to the prices in a month ago.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62971&division=A2
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Korea’S Heavy Plate Imports From China Rise in January
Topics: Metallurgy