Recently, Korea's Import Price of Hot Rolled Coils and Heavy Plate Rebounded

Recently, Korea's import price of hot rolled coils (HRC) and heavy plate rebounded. According to the statistics from the customs, the average imported price of HRC in September is quoted at US$586/ton, up by US$6/ton on August, which is the first rebounding since May. Korea's import price of HRC from China and Japan were quoted at US$560/ton and US$595/ton, up by US$13/ton and down by U$D3/ton respectively. Till 9th of September, the Korean imported price of heavy plate was quoted at US$725/ton, up by US$37/ton. The country's import prices of heavy plate from China and Japan were quoted at US$790/ton and US$580/ton, up by US$31/ton but down by US$6/ton respectively. In the period of September 1st-9th, Korea imported 132,906 tons and 68,100 tons of HRC and heavy plate respectively.