Korea’s dealer inventory of steel flat products has fallen for consecutive four months.
According to statistics released by the Korea Iron & Steel Association (KOSA), the dealer inventory of steel flat products totaled 1.179 million tons at the end of December, down by 0.8% from a month ago and decreasing by 0.5% year on year.
Among them, 260,000 tons were hot rolled steel product, up by 0.4%; 110,000 tons were medium heavy plates, rising by 0.9%; 170,000 tons were pickled plates, decreasing by 2.3%; 226,000 tons were cold rolled steel products, falling by 1.3% and 2787,000 tons were galvanized steel sheets, declining by 1.4%, all compared to those in a month ago.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62629&division=A2
