South Korean steel pipe exports continued to decline due to US tariff measures. According to data released by the Korea Iron and Steel Association, in May, South Korean steel pipe exports fell by 28.1% to 168,517 tons, compared with 274,431 tons a year ago. In the first five months, Korean steel pipe exports totaled 10,869,48 tons, down 17.7% from 1,321,136 tons in the same period last year.

Although the US shale gas development has a large demand for petroleum special pipe (OCTG), the export of Korean oil special pipe is significantly reduced by the US import quota. In May, South Korea’s oil-specific pipe exports reached 5053 tons, down 95.3% from 108,632 tons a year ago.

In contrast, in May, South Korea’s wire pipe exports increased by 11.7% year-on-year, from 40,641 tons to 49,842 tons. This is because in the US anti-dumping tax items, the tax rate of line products is lower than other products. However, due to restrictions on US import quotas, future exports of line management will not be more optimistic.

At the same time, in May, South Korea's large-diameter spiral pipe exports fell by 63%, from 2,297 tons a year ago to 849 tons; the output of rolled pipe increased by 4.3%, from 48,987 tons to 51,101 tons; large caliber The output of the electric resistance welded pipe also increased by 142.6%, from 3,830 tons to 9,291 metric tons.