Highly rebar market demand from Korean

Korea's major steel rebar inventories continued to decline, as of early this week, Hyundai Steel and other steel rebar inventories 7 million tons by the end of May from 24-25 down to 19-20 million tons by the end of April inventories 32-33 Wan tons.

Comment: The core interests of steel prices in the domestic market, after all. South Korean construction steel demand will remain strong, gradually increase the amount of orders in the second quarter, this trend will continue until the second half. In addition, Korean mills are usually from June to August for maintenance, steel supply tight.