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According to the Japan Ministry of Finance, Japanese steel mills continued exports in a 14-mponth downward for March, amounting to 3,377,000 tons, 2.5 percent year on year back and 0.3 percent down on the amount basis, worth 303.7 billion yen. By destination, Japan shipped 2,714,000 tons to Asia, a
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Korea reached a high of $30.8 billion trade surpluses in history in the materials and parts industries over the first quarter this year. According to the Ministry of Trade, Industry & energy(MOTIE), Korea’s first quarter exports of the materials and parts sectors wrapped up to the highest level of $
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Korea’s aluminum flat product decreased in sales volume by as much as 1.3 percent a year ago in March, leading to 73,848 metric tons, which compared with the same month last year of 74,792 metric tons. Domestic sales plunged by 15.4 percent year on year to a low of 29,680 metric tons, while export d
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It is known that domestic stainless steel industry is examining counteractions against imports from China chiefly which cuts into the Korean stainless market. These moves from the stainless steel industry is assessed for protecting the domestic market from the worsening circumstances by the low-pric
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Korea's hot rolled steel sheet and strand export as well as imports decreased over the first quarter this year, according to the Korea Iron and Steel Association. The first quarter hot rolled steel sheet and strand exports dropped to a low as much as 22.3 percent year on year sending to 708,058
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Korea’s exports based on steel products and raw materials(including steel products, casting and forgings, secondary steel products, raw materials and other steel products) turned out to decrease by 3.3 percent year on year in March, totaling 2,769,622 metric tons according to Korea Iron and Steel As
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Korea International Trade Association(KITA) sent the private economic delegation consisted of 40 industry people to Washington, D.C., which met with Deputy USTR Jeff Gerrish on April 16 to discuss the steel issues at stake. The KITA delegation included the steel industry people from Korea Iron and S
