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KOREA'S OPERATING RATE FOR BUILDING EQUIPMENT DIPS TO NEW LOW.

AsiaPulse News

| April 02, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, April 2 Asia Pulse - The construction slowdown and cold weather have driven the operating rates of bulldozers, excavators and other construction equipment to their lowest levels, according to the Construction-Transportation Ministry on Monday.

The average operating rate for 11 types of key equipment fell to 31.4 per cent in February.

The previous low for the composite was 33.1 per cent in 1998. The highest ...

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