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Korea Iron and Steel Association signed on the memorandum of understanding with Korea Wind Power Industry Association on September 16 to strengthen the competitiveness of the Korean wind power industry, in which the two trade associations agreed to cooperate in the domestic product development and c
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Korea Government has finally designated the hydrogen reduce ironmaking process as one of the country’s 7 national projects to pursue for the future strategy in steel at the September 16 Cabinet Meeting, Ministry of Trade, Industry & Energy released. Especially, the government’s innovative subjects o
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With the upcoming third week of September the rebar prices calm volatility week on week trading at 670,000~680,000 won a ton on the 10mm diameter SD400 from on distribution channels. The rebar prices collapsed seriously more than 40,000 won last month, but the slippage cooled entering the early days
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Korea tinplate mills are determined to file the antidumping petition on China while alleging that the cost push burden adds amid the current tin prices are on the rallies on the LME trading which posted on September 12 for the spot at $34,775 and three months at $34,775 a ton respectively followed b
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Korean steel scrap prices that were expected to remain strong until at least September began to turn downward beginning mid-September, having the catch that stood out on very much nervous domestic scrap suppliers. The continuing lack of steel demand and EAF mills rush to buy scrap abroad lately is s
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The iron ore prices jacked up three days lately straight averaging $106.48 a ton on the 62% fine cost & freight northern China spot basis, during the second week this month, Korea Ministry of Trade, Industry & Energy released out. This was up $2.80 over a week, while the coal price as well rose $1.5
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Domestic specialty steel market keeps weak in price due to the constraining business in construction and key sectors alongside Trump tariffs while import surges continue from China as well. In its breakdown in detail, the construction sector is facing the fading sale of private apartment an d commer
