South Korea Galvanized Plate Sales up 7.5% in June

Published: Aug 15, 2017 18:28
Galvanized plate sales by South Korea’s top 5 producers of such products reached 378,200 tonnes in June, up 3.9% on a yearly basis. Exports were 263,900 tonnes, up 13.2% on a yearly basis.

SHANGHAI, Aug. 15 (SMM) – Galvanized plate sales by South Korea’s top 5 producers of such products reached 378,200 tonnes in June, up 3.9% on a yearly basis. Exports were 263,900 tonnes, up 13.2% on a yearly basis.

Environmental Protection Team Executes Thorough Checks at Foundries in Shandong

Total salvanized plate sales in the country increased 7.5% year-on-year to 642,100 tonnes in June. Sales by Hyundai Steel jumped 21.2% to 200,000 tonnes, while those at other four producers, including Pohang, slid on a yearly basis due to seasonal factor.

Zinc Downstream Producers in Zhejiang Ordered to Shut down for Environmental Protection, SMM Reports

Pohang’s galvanized plate exports grew 17.4% to 155,000 tonnes in June.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Ore Supply Tightness Intensified, SHFE Zinc Rose [SMM Zinc Morning Comment]
3 hours ago
Ore Supply Tightness Intensified, SHFE Zinc Rose [SMM Zinc Morning Comment]
Read More
Ore Supply Tightness Intensified, SHFE Zinc Rose [SMM Zinc Morning Comment]
Ore Supply Tightness Intensified, SHFE Zinc Rose [SMM Zinc Morning Comment]
[SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2606 contract opened higher with a gap at 24,620 yuan/mt. At the beginning of the session, bulls increased open interest, and SHFE zinc quickly rose to a high of 24,820 yuan/mt before losing upward momentum and shifting its center lower to trade in a range. It finally closed up at 24,640 yuan/mt, gaining 260 yuan/mt or 1.07%. Trading volume fell to 78,623 lots, while open interest increased by 2,742 lots to 90,915 lots.
3 hours ago
Mine-Side Disruptions Increase, LME Zinc Continues to Rally [SMM Morning Meeting Minutes]
3 hours ago
Mine-Side Disruptions Increase, LME Zinc Continues to Rally [SMM Morning Meeting Minutes]
Read More
Mine-Side Disruptions Increase, LME Zinc Continues to Rally [SMM Morning Meeting Minutes]
Mine-Side Disruptions Increase, LME Zinc Continues to Rally [SMM Morning Meeting Minutes]
[SMM Morning Meeting Minutes: Increasing Mine-Side Disruptions, LME Zinc Continues to Rally] Overnight, LME zinc opened at $3,482/mt. At the beginning of the session, LME zinc briefly dipped to a low of $3,457/mt. Subsequently, bulls increased their open interest, and LME zinc fluctuated upward throughout the session, touching a high of $3,542.5/mt near the close. It ultimately closed higher at $3,532.5/mt, up $50.5/mt, a gain of 1.45%. Trading volume increased to 15,265 lots, and open interest rose by 727 lots to 242,000 lots.
3 hours ago
Kazzinc’s Zinc and Lead Plants Operating at Reduced Capacity After Ust-Kamenogorsk Blast
16 hours ago
Kazzinc’s Zinc and Lead Plants Operating at Reduced Capacity After Ust-Kamenogorsk Blast
Read More
Kazzinc’s Zinc and Lead Plants Operating at Reduced Capacity After Ust-Kamenogorsk Blast
Kazzinc’s Zinc and Lead Plants Operating at Reduced Capacity After Ust-Kamenogorsk Blast
Kazzinc said on Tuesday that its zinc and lead plants at the Ust-Kamenogorsk metallurgical complex in eastern Kazakhstan are operating at reduced capacity following last week’s explosion. The incident occurred at Kazzinc’s zinc plant, killing three people and injuring five others. Kazzinc, Kazakhstan’s largest producer of zinc, lead and precious metals and owned by Glencore, has not disclosed the extent of the impact on output. Clean-up operations and an investigation into the incident are still ongoing.
16 hours ago
South Korea Galvanized Plate Sales up 7.5% in June - Shanghai Metals Market (SMM)