Korean steel billet import and export decreased in November

From: JUNNAN STEEL NEWS
publisher: Gloria Wong
Time: 2018-12-14
Summary: According to data released recently by the Korea Iron and Steel Association, in November, Korean ordinary billet exports and imports increased month-on-month and year-on-year.

According to data released recently by the Korea Iron andSteel Association, in November, Korean ordinary billet exports and importsincreased month-on-month and year-on-year. Among them, the export volume was3,865 tons, a year-on-year increase of 126.6%, down 82.3% year-on-year; theimport volume was 33,700 tons, a year-on-year increase of 14.6%, a year-on-yeardecrease of 29.6%.


From January to November, the export volume of ordinarybillet in South Korea was about 171,600 tons, a substantial increaseyear-on-year; the import volume reached 427,700 tons, down 32.7% year-on-year. InNovember, the average import price of carbon billet in South Korea wasUS$543/ton, up by US$18/ton from the previous month. Among them, the price ofcarbon billet imported from Japan by South Korea is 549 US dollars / ton, andthe price imported from Russia is 530 US dollars / ton.

Previous:The recent decline in coke prices has weakened

Next:Global thermal coal demand is expected to fall by 2% in 2025