South Korea Steel Export Statistics in Jul’19

South Korea Billet exports decline by 25% M-o-M in Jul’19- South Korea’s billet exports plunged by 25% to 0.03 MnT in Jul’19 in comparison with 0.04 MnT in Jun’19.

Meanwhile on yearly premise the same was halved in Jul’19 over 0.06 MnT in Jun’18.

During first seven months of (Jan-Jul)CY’19 nation’s billet exports stood at 0.22 MnT; slashed by 49% as against 0.43 MnT in (Jan-Jul)CY’18.

Country-wise South Korea billet exports in Jul’19- South Korea billet exports to Japan witnessed at 0.03 MnT in Jul’19, surged by a half as against 0.02 MnT in Jun’19.

Meanwhile imports from Thailand remained nil in Jul’19 which was 0.01 MnT in the preceding month.

South Korea finish long exports up by 5% M-o-M in Jul’19- Nation’s finish long exports witnessed a marginal increase by 5% in Jul’19 to 0.22 MnT which was 0.21 Mnt a month ago.

However on yearly premise the same moved downwards by 4% in Jul’19 as against 0.23 MnT in Jul’18.

During first seven months of (Jan-Jun)CY’19 nation’s finish long exports stood at 1.42 MnT; marginally down by 6% over 1.51 MnT in same time frame of CY’18.

Country-wise finish long exports in Jul’19- Nation’s finish long exports to Japan witnessed at 0.03 MT in Jul’19, remained stable over four months since Apr’19.

Meanwhile nation’s exports volume to Vietnam remained unchanged since Feb’19 and stood at 0.02 Mnt in Jul’19.

Following this exports to Malaysia and Canada accounted for 0.02 MnT each in Jul’19 unchanged for four consecutive months.

Meanwhile South Korea also exported finish long products to USA, Taiwan, India, Thailand and Mexico in smaller quantities in Jul’19.

South Korea finish flat exports rise by 4% M-o-M in Jul’19- South Korea exported 2.04 MnT of finish flat in Jul’19 up by 4% in comparison with 1.96 MnT in the preceding month.

However or yearly premise the same inched down by 2% in Jul’19 as against 2.08 MnT in Jul’18.

During first seven months (Jan-Jul)CY’19 nation’s finished flat imports were recorded at 14.16 MnT, inched up by 1% as compared to 14.06 MnT in same time frame of previous year.

Country-wise South Korea finish flat exports in Jul’19- China remained the largest finish flat importer from South Korea and accounted for 0.27 MnT in Jul’19, ascended by 13% as against 0.24 MnT a month ago.

Meanwhile South Korea’s finish flat exports to Japan upsurged by 24% to 0.26 MnT in Jul’19 which was 0.21 MnT in previous month.

Following this South Korea also exported finish flat steel to India, USA, Mexico, Thailand and Vietnam in Jul’19.

South Korea ferro alloy exports unchanged on monthly basis in Jul’19- Nation’s ferro alloy exports continue to remain stable since Feb’19 and stood at 0.02 MnT in the month of Jul’19.

On yearly premise export volume remain unchanged in Jul’19 as compared to 0.02 MnT in Jul’18.

During first seven months (Jan-Jul)CY’19 nation’s export volume witnessed at 0.11 MnT; witnessed marginal decline of 8% over 0.12 MnT in similar time frame of preceding year.

South Korea finish flat stainless steel exports in Jul’19- Nation’s finish flat stainless steel exports surged by 18% to 0.13 MnT in Jul’19 in comparison to 0.11 MnT in preceding month.

However the same remained largely stable on yearly basis in Jul’19 as against Jul’18.

During first seven months (Jan-Jul)CY’19 nation’s finish flat stainless steel exports witnessed 7% decline to 0.82 MnT which was 0.88 MnT in same time frame of previous year.

Country-wise South Korea finish flat stainless steel exports in Jul’19- South Korea majorly exported stainless steel to Vietnam and Turkey at 0.02 MnT each in Jul’19 while Thailand accounted for 0.01 MnT in Jul’19.

Commodity Sub Commodity Jul’19 Jun’19 M-o-M
(Change in %)
Jul’18 Y-o-Y
(Change in %)
Finish Flat HRC/Plate 709,577 735,654 -3.5 752,575 -5.7
Galvanised Steel 589,474 532,630 10.7 635,410 -7.2
CRC 330,459 298,765 10.6 337,219 -2.0
Electrical Steel 222,494 215,206 3.4 198,996 11.8
Pipes and Tubes 154,749 150,529 2.8 129,709 19.3
Others 28,908 24,332 18.8 27,650 4.5
Total Finish Flat 2,035,662 1,957,116 4.0 2,081,559 -2.2
Finish Long Structure 100,208 104,961 -4.5 117,109 -14.4
Rebar 92,521 82,093 12.7 89,645 3.2
Wire Rod 24,083 20,672 16.5 24,135 -0.2
Total Finish Long 216,812 207,726 4.4 230,889 -6.1
Total Finish Flat Stainless Steel 131,423 108,428 21.2 134,899 -2.6
Total Semi Finish Billet 26,416 36,445 -27.5 59,014 -55.2
Ferro Alloy Ferro Manganese 15,774 16,228 -2.8 17,673 -10.7
Ferro Silico Manganese 11 24 -54.2 16 -31.3
Total Ferro Alloy 15,785 16,252 -2.9 17,689 -10.8

Quantity in MT
Source: SteelMint Research


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