The Import And Export Volume Of Hot Rolled Coil Increased By 34. [] 4% And 38% Respectively.

According to the statistics of Korea Steel Association, from January to May 2023, Korea imported 1.61 million tons of hot rolled coil, a year-on-year increase of 34. [] 4%. Among them, imports from Japan were the most, 96. [] 70,000 tons, up 44. [] 8%, accounting for 60%; [] followed by imports from China [] 60.50,000 tons, up 44. [] 5%, accounting for 37. [] 5%. In May 2023, the import volume of hot rolled coil in South Korea was 26. [] 80,000 tons, down 7. [] 9% from the previous month.

According to the statistics of Korea Iron and Steel Association, from January to May in 2023, South Korea exported 146. [] 30,000 tons of hot rolled coil, a year-on-year increase of 38. [] 4%. Among them, the export to the EU is 32. [] 60,000 tons, while the export volume to Italy is the most, 17. [] 50,000 tons, accounting for 53. [] 7%. In May 2023, the export volume of hot rolled coil was 30. [] 70,000 tons, up 3. [] 6% month-on-month and 25% year-on-year. Among them, the export to the United States was 7. [] 10. [] 3%; [] 6. [] 80,000 tons, down 25. [] 6% from the previous month; [] 4. [] 20,000 tons, a month-on-month increase of 60. [] 9%.