South Korea Steel Exports in Q2CY’19

Meanwhile on monthly premise the same remained unchanged at 0.04 MnT in May’19 and Jun’19.

However,on yearly basis nation’s billet exports surged by 33% in Jun’19 in comparison to 0.03 MnT in Jun’18.

Country-wise South Korea billet exports in Q2CY’19- Japan being the leading importer of billets from South Korea accounted for 0.05 MnT in Q2CY’19 increased by a quarter as against 0.04 MnT in Q1CY’19.

Nation’s billet exports to Thailand remained stable Q-o-Q at 0.02 MnT in Q2CY’19, however exports to Indonesia doubled on Q-o-Q basis to 0.02 MnT.

South Korea finish long exports in Q2CY’19- South Korea’s finish long exports recorded at 0.61 MnT in Q2CY’19; inched up by 2% as against 0.6 MnT in Q1CY’19.

However nation's finish long exports were stable M-o-M basis at 0.21 MnT in May’19 and June’19.

Meanwhile on yearly premise the same witnessed an increase by 5% in Jun’19 over 0.2 MnT in Jun’18.

Country-wise South Korea finish long exports in Q2CY’19- Japan stood as the major finish long importer from South Korea at 0.09 MnT in Q2CY’19 as against 0.06 MnT in previous quarter.

Following this South Korea also exported to Vietnam, Malaysia and Canada at 0.06 MnT each in Q2CY’19.

Meanwhile South Korea also exported to USA ,Taiwan and India at 0.04 MnT each in Q2CY’19.

South Korea finish flat exports down by 2% in Q2CY’19- Nation’s finish flat imports stood at 5.99 MnT in Q2CY’19, inched down by 2% as against 6.14 MnT in previous quarter. The reason behind the decline in nation’s flat steel exports can be attributed as imposition of stringent tariffs and quotas from USA and Europe.

Meanwhile on monthly premise the same fell by 3% in Jun’19 to 1.96 MnT in comparison to 2.03 MnT a month earlier. Ongoing discussions of safeguard duty in India to be imposed on various exporting nations which attract free trade agreement, in-turn led to decline in Korean export volumes on monthly basis.

However nation’s imports inched up by 3% Y-o-Y in Jun’19 over 1.9 MnT in Jun’18.

Country-wise South Korea finish flat exports in Q2CY’19- China being major importer accounted for 0.83 MnT in Q2CY’19, up by 6% in comparison to 0.78 MnT in previous quarter.

Following this South Korea also exported to Japan at 0.71 fell by 15% as compared to 0.84 MnT in previous quarter. Meanwhile Korean flat steel exports to India stood at 0.74 MnT inched up by 1% as compared to 0.73 MnT in Q1CY19.

Whereas nation’s flat steel exports to USA stood at 0.48 MnT in Q2CY19 as compared to 0.54 MnT in Q1CY’19.

Meanwhile South Korea also exported finish flat to Mexico, Thailand and Vietnam in Q2CY’19.

South Korea ferro alloys exports surge by 20% Q-o-Q in Q2CY’19- Nation’s ferro alloys exports stood at 0.06 MnT in Q2CY’19; registered an increase by 20% Q-o-Q basis as against 0.05 MnT in previous quarter.

However on monthly basis the same remained stable at 0.02 MnT in in May’19 and Jun’19.

Meanwhile on yearly premise nation’s ferro alloys exports doubled in Jun’19 in comparison to 0.01 MnT in Jun’18.

South Korea finish flat stainless steel exports in Q2CY’19- Nation’s finish flat stainless steel exports in Q2CY’19 witnessed at 0.32 MnT; declined by 14% as compared to 0.37 in Q1CY’19.

However the same boosted by 10% to 0.11 MnT in Jun’19 over 0.1 MnT a month earlier.

Meanwhile on yearly premise it tumbled by 15% in Jun’19, as against 0.13 MnT in Jun’18.

Country-wise South Korea finish flat stainless steel exports in Q2CY’19- Vietnam being major importer of South Korea finish flat stainless steel accounted for 0.05 MnT in Q2CY’19; declined by 17% which was 0.06 MnT in previous quarter.

Following this nation's exports to Turkey at 0.05 MnT, Thailand 0.04 MnT and Japan 0.03 MnT in Q2CY’19.

However South Korea also exported to Italy, India and Mexico in smaller quantities in Q2CY’19.