China’s steel exports to S. Korea down in October
South
Korea Iron and Steel Association (KISA) disclosed that South
Korea imported 455'817 tons of steel products from
China during October, down 2 percent year on year.
KISA indicated that the reduced demand and the decline in South Korean steelmakers' inventories contributed to the decline in steel imports.
South
Korea's overall steel imports amounted to 15.9 million tons in the first ten months of the year, up 8.6 percent from a year earlier.