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The shipbuilding industry has been a major locomotive of Korea's export-led economy, accounting for about a tenth of the nation's exports for many years.
Korean shipbuilders have been dominating the global market, raking in many billions of dollars to help fuel growth in the country but now a severe slump in the industry is making them a major cause for woes of the economy.
Korea's vessel exports which set a record-high in 2011, fell by a third in the first five months of this year from the same 2012 period after a 30 percent fall for all of last year.
A more serious problem is that the industry's mid- and long-term competitiveness is waning.
Although Korean shipbuilders still dominate in gas carriers and other advanced ships, experts say they're losing their price competitiveness to China for vessels like tankers and bulk carriers.
China is also emerging as the main cause for troubles in Korea's steel and petroleum products industries.
A supply glut in the shipbuilding steel industry, particularly in China, is weighing on Korea's steel exporters while dwindling demand for petroleum products are slashing their shipments from Korea.
Experts say Korea's total exports in the first half of this year could end up growing in the zero-percent range due to drastic export drops in ships, steel and petroleum products.
GB T 5312 Carbon and carbon-manganese steel seamless steel tubes and pipes are mainly for ship use, also known as shipbuilding steel pipes. Under GB T 5312, there are mainly 5 steel grades: grade 320, 360, 410, 460 and 490. Each grade covers three levels: I, II, III.
Angle steel, commonly known as angle iron, is a long strip of steel whose sides are perpendicular to each other. There are equal angle steels and unequal angle steels. The two sides of equal angle steel are equal in width. The unequal angle steel is also known as L shape profile steel.
Flat bar steel can be produced according to the user's needs, with fixed thickness, width and length. It can reduce the cutting process for users, reduce the consumption of labor and materials, and also reduce the processing loss of raw materials.
Bulb flat steel for shipbuilding
The bulb flat steel is a kind of medium section material which is mainly used in the field of shipbuilding and bridge building, and the shipbuilding bulb flat steel is an auxiliary medium section material for shipbuilding.
The steel for shipbuilding and oil platform---FH40, is the high tensile strength steel.The shipbuilding steel FH40 is the Hull structural steel.We can provide FH40 shipbuilding steel plate price.
The steel for shipbuilding and oil platform---EH40, is the high tensile strength steel.The shipbuilding steel EH40 is the Hull structural steel.We can provide EH40 shipbuilding steel plate price.
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BBN SHIP STEEL FACTORY
