Korean ship plate price dropped by 700,000 won / ton

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Shipbuilding bulletin news, due to the sluggish shipbuilding and construction industry and the overcapacity of the Korean shipboard market, the circulation price of ordinary ship plates in Korea fell to the level below the psychological bottom line of 700,000 won. According to the Korean steel industry, the price per ton of the most commonly used steel plate (SS400-A) for shipbuilding and construction has dropped to below 700,000 won, which is a significant drop from the 810,000 won in the second quarter of this year.
According to industry sources, some companies sell ship plates at a low price of 68-690,000 won per ton . This is because of the low-cost offensive launched by Chinese companies. According to analysis, the downward trend of ordinary ship prices may affect The price of the premium ship board. The price of high-grade shipboards mainly for shipbuilding, construction and the sea is higher than ordinary ship plates.

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