Hyundai Steel produced around 25,000 tonnes of shipbuilding angle steel per month, on average, during the months of July and August 2009. It is expected to maintain the current level of production during the remainder of this year.

Demand for shipbuilding angle steel has improved from the third
quarter. The company is mulling a price rise in the fourth quarter due
to higher scrap costs.

It may be noted that Hyundai Steel can meet 60% to 70% of domestic
demand. Korea’s consumption of shipbuilding angle steel was around 1.1
million tonnes in 2008.

Source: YIEH.corp

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