The shipment of steel products in 2007 increased to 68,260,000 tons by 6.9%.
According to the statistics released by the Korea Iron & Steel Association, the shipment to the Korea domestic market was 51,890,000 tons (76%) by 7.5% augmentation and the shipment to the overseas market was 16,380,000 tons (24%) by 5.0% augmentation.
Again, the domestic shipment quantity comprised 25,180,000 tons to the large end-users, 9,120,000 tons for downstream products, and 17,590,000 tons to the distribution market.
The quantity for the end-users is again divided to 16,920,000 tons for the automobile and shipbuilding industries and 8,260,000 tons for the construction industry.
The automobile industry consumed the biggest tonnage 6,090,000 tons. The shipbuilders, the electric and electronic industry, assembly and metal industry, and the machinery industry consumed 5,020,000 tons, 1,720,000 tons, 1,330,000 tons, and 860,000 tons, respectively.
jhkwak@kmj.co.k