09
Oct
01:00
Korean flats trade with China surges as both countries over-supply
Korean flat steel exports to China and imports from China are both up so far this year. Korea has the advantage in selling higher quality autosheet to China, but growing Chinese capacity could put its margins at risk.
Korea’s flat steel imports were up 22% to 9.87 million tonnes over January-September this year, according to data from the Korea Iron and Steel Association (Kosa) monitored by Kallanish. Of this, imports from China were up 49% to 6.144mt,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous