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Home›Green Marine›S. Korean shipbuilders to increase imports of Chinese steel plates
Green Marine

December 22, 2006 · about 20 years ago

S. Korean shipbuilders to increase imports of Chinese steel plates

South Korean shipbuilders are considering increasing their imports of Chinese steel plates next year as the prices of locally-produced plates have risen, industry sources said Friday. Demand for steel plates by nine local shipbuilders is expected to reach 5.6 million tons this year, with about 2 mil

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South Korean shipbuilders are considering increasing their imports of Chinese steel plates next year as the prices of locally-produced plates have risen, industry sources said Friday.

Demand for steel plates by nine local shipbuilders is expected to reach 5.6 million tons this year, with about 2 million tons supplied by POSCO, the country’s leading steelmaker, 1.5 million tons by Dongkuk Steel Mill Co., the No. 2 producer, and 600,000 tons by Japanese steelmakers.

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