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World News
Plates embryos Korea exports increase
Korea export of plates embryos in the first 10 months of this year reached 446.000 tons, up 25% compared to the same period of last year, according to data from the Korea Iron and Steel Association. In own October accounted for 81.700 tons, up 39% compared September and also highest in this year.
Domestic demand for plate steel products much weaker encouraged the major manufacturers such as Posco and Hyundai Steel to export boots.

In particular, Japan is the largest consumer nation in the past 10 months with total 463.000 tons, up 48% compared to the same period of last year. India is the second largest consumer nation, with 106.000 tons, up 258%.

On the import side, in the 10 months of this year,
South Korea import plates embryos fell 34%, still 2.05 million tons. In own October imports 634.000 tons, down 76% compared to the same period last year.

Source: Satthep

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