Hits:20202015-12-07 09:51:56
South Korea 316 l stainless steel pipe demand is expected to slightly fell 0.7% to 55.11 million tonnes, compared to the south Korean hot rolled stainless steel pipe quantity, fell in September 215000 tons to 2.89 million tons, decline of 7%, fell 8.8% year-on-year.South Korea iron and steel association official said that South Korea hot in September 316 l stainless steel tube production decline is partly due to posco yield decline.South Korea iron and steel institute, he says, is in the Indian government announced a 20% of the safeguard measures on imported hot-rolled coil after-tax, posco in September to its hot-rolled coil, in India the abrasion of shipments face challenges.According to statistics, in September 113000 tons of hot-rolled coil, South Korea's exports to India, fell as much as 33%.Last December, on the other hand, annual production capacity of 3 million tons of steel in karatsu eastern hot-rolled DaiGangChang production is production of hot-rolled coil, the country's impact.In addition, according to data released by South Korea's iron and steel institute, South Korea's crude steel production in September this year rose and fell by 2.0% and 2.5%, respectively, year-on-year drop to 5.63 million tons, and South Korea in the first three quarters of the total crude steel output of 52.83 million tons, down 3.4% year-on-year.In September, the south Korean converter steel production fell 3.5% to 3.98 million tons, electric furnace steel production rose 1.5% to 1.64 million tons.
For long material products, over the past half year, South Korea steel demand remains strong, but other long products products such as steel demand has far below market expectations.Posco institute expects domestic long products demand will fell 2.7% year on year, to 22.54 million tons.But the industry seems to be a major south Korean steel industry the only bright spot, other end user market environment, including shipbuilding and so on, are poor performance, this year the south Korean domestic demand for 316 l stainless steel pipe is expected to drop to 27.25 million tons, down 3.6% year-on-year.In contrast, Korea plank exports this year is expected to nearly 6% year-on-year growth, reached 24.42 million tons.Posco institute said, since the fourth quarter of auto industry continues to improve, Korean auto plate demand this year will be slightly better than expected.The south Korean government announced before the end of this year will auto consumption reduced by 30%, the drive South Korea domestic car sales jumped 20% year-on-year in October.Posco institute released forecast report, in 2015 the south Korean domestic demand for 316 l stainless steel seamless tube will be edged down 0.7% year-on-year to 55.11 million tons, from the auto industry, shipbuilding and construction and other major steel industry demand downturn is the key influence factors.The agency expects South Korea steel output fell 1.0% to 73.36 million tons, the output will reach 31.33 million tons, down 2.9% year on year.
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