According to Yonhap News Network reported in Nov, 13^th that the Korea Iron & Steel Association, the 13th issued "October steel imports trend" shows that in October the Korean steel imports amounted to 1.98 million tons, a decline of 1.4% over last year's 2.01 million tons. It reported that South Korean steel imports in April-June this year, showing a downward trend year on year, in July and August rebounded to rise, but in September (-9.9%) and October has dropped by two consecutive months. According to statistics, in October, although South Korean steel imports fell, an increase of 11.5% compared to September of 1.77 million tons; in which South Korea accounted for the overall steel imports amounted to 62.6% of Chinese steel imports was 124 million tons, an increase of 6.3% year on year and 8.8% month on month.

                              XINSTEEL NEWS