South
Korea's steel
plate inventories rose around 29,000 tons month on month in February due to the stagnation in
construction industry and increasing imports.
South
Korea Iron & Steel Association (KISA) disclosed that the country's domestic steel
plate inventories rose to 1.03 million tons in February.
Steel
plate imports rose from 714,000 tons in January to 798,000 tons in February.
KISA expects steel
plate inventories to decline in April-May due to the seasonal boom in
construction industry.