17
Jun
03:55
Protectionism, weaker demand squeeze Korean pipemakers
Korean pipemakers are struggling with global protectionism and weaker demand. Several OCTG suppliers have closed down but exports have allowed a slight recovery in output this year, Kallanish notes.
According to the Korea Iron & Steel Association, the total production of Oil Country Tubular Goods (OCTG) in 2019 is estimated to be 4.98 million tonnes, up by 5.15% year-on-year. Domestic sales volumes are expected to fall by -0.43% y-o-y to 3.23m…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous