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Korean H-beam market stable

Although South Korea has begun to enter the rainy season, but compared with previous years, the rainfall is small, the local construction industry demand is relatively slightly better. With the H-beam Korea May imports fell 37% market share in local steel mills rebounded. Imports are expected to decline further this month. Hyundai Steel said that the current H-beam production line to maintain its full production status.

Steel said in May H-beam Korea imports declined mainly due to the introduction of special H-shaped steel mills to compete with low-priced imports. It is reported that a small modern steel H-beam price 740,000 won / t ($ 641 / t), the H-beam to 760,000 won / t ($ 659 / t).

Korea Iron Steel Association announced May H-beam Korea imported 49,300 tons, down 37%. Which imported 42,200 tons from China, down 34%; imported from Japan 6,600 tons, down 52%.

Tags:S315MC,S355MC,S420MC,S460MC