China coating steel firmly occupy Korean market

China’s cheap products have cold rolled plate market in South Korea set up the unshakable status. Hot dip galvanized steel sheet GI, pickling PO, caitu and tinplate most products cost more than 100000 won per ton less than Korean products, thus has a certain price advantage.

In recent years, Chinese products market share in South Korea has been above 30%, although a south Korean company has taken a positive response, but still can’t suppress the rising trend. 2010 years later, China caitu products market share in South Korea has been turned over six times. According to south Korean steel association, according to China caitu imports of 407153 tons last year, 29%, 32.8% in the first quarter of the year, break through the 30% mark, compared with 5.6% in 2010, is a “difference”. In this situation, dongguk steel, the steel, South Korea’s leading enterprises such as the width of the domestic sales are decreasing year by year, but the light of domestic demand in a year of change is not big, almost every year since 2010 at the level of 1.3 million tons – 1.4 million tons. Local companies from South Korea, the east China steel imported from China used in the manufacture of EPS board width of raw material, the steel monthly sales remain in the level of 1500 tons – 2000 tons, and the steel and hyundai steel products than import product price high, 20000-30000 won per tons, does not have a significant advantage.