According to data from the Korea Iron and Steel Association (KOSA), South Korea’s stainless steel welded pipe exports totaled around 2,800 tons in January this year, growing by 3.3% compared to the year-ago level, showing a recovered demand from overseas markets.

Among them, the exports to the US accounted for a big proportion of 37.3%, totaling around 1,100 tons. Japan ranked second with 520 tons.

In terms of imports, South Korea imported nearly 900 tons of stainless steel welded pipes in January, a year-on-year drop of 1%. The imports were mainly from China, with a total of 815 tons, down by 2.5% year on year.