According to report made by Posco Research Institute (Posri), Korea’s demand for heavy plates would fall to 8.27 million tons in 2015, a drop of 8% every year.
Posri said that Korea’s domestic demand for heavy plates would be at 10.04 million tons this year, falling by 6% year on year. The demand from the country’s shipbuilders would decrease by 9% year on year to 6.47 million tons.
It’s analyzed that the shipbuilders’ received order volumes dropped obviously due to weak shipbuilding industry. Accordingly, it affected the demand for heavy plates.
Source:
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