South Korea's largest long products producer Hyundai Steel has decided to continue to maintain price of H-beam stability in March. Among them, the small H-shaped steel prices maintain won 810,000-820,000 / ton (USD736-745 / ton) for five consecutive months.

Generally speaking, the Korean construction industry began to recover in March. Steel demands will gradually rise.Hyundai had to consider raising the profile offer in March. However, influenced by the fall in scrap prices, price increases is difficult to be accepted by domestic buyers, coupled with the winter plump stock market, especially cheap imports resources, Hyundai Steel decided to continue to maintain price stability.

According to the Korea Iron & Steel Association data show that in January the Korean H-beam imports of 41,200 tons, a decline of 34 percent, the lowest since September last year. H-beam market is expected in March compared with the previous two months imports will have risen.

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