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The LME trading on January 21 posted $12,898 on the refined copper spot and $12,877 on the three months respectively, while aluminum at $3,114 and $3,123 and zinc at $3,152.5 and $3,202 a ton respectively. Lead price ended at $1,989 and $2,034 and nickel at $17,860 and $18,060 as well as tin at $52,
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Korea’s aluminum flat product producers, Choil Aluminum and Novelis Korea, increased their domestic price over January shipment in tandem with the concluded aluminum premium(MJP) for the first quarter in Japan. The price lift addressed the risen LME aluminum price as well. Last year the LME aluminum
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Firstly, concerning the iron ore world large iron ore producer, BHP released lately the company’s iron ore production recorded a historical high last year on the semiannual basis, totaling 1466 million tons over the second half which inched 1 percent higher year on year, while the final quarter outp
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In 2025 Korean plate demand totaled 7,786,447 tons which was down 0.2 percent a year ago, S&M Media released lately. This is the lowest since 2020 of 7.66 million tons, looking to be stuck in the level under 8.0 million tons per se at home, S&M Media added. The main feature in this regard exists the
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World non-ferrous metal prices take a turn for the worse with refined copper spot at $13,059, aluminum at $3,136, and zinc at $3,153 a ton respectively on the January 20 LME trading. Besides, lead price was traded at $2,030.5, nickel at $17,730 and tin at $51,050 as well being pressured for the down
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Hyundai BNG Steel of Korea announced that its consolidated 2025 financial statement resulted in declines in sale, profit and net earnings preliminarily, breaking down 741.2 billion won sale (down 6.8%), 25.8 billion won operating income(down 15.5%) and 14.8 billion won net earnings(down 40.6%) respe
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The iron ore price turned higher lately as the Chinese steel mills resumed to fill up stocking again. Coal prices also keeps upward on the shortage worries from the seasonality crunch. According to Korea Ministry of Trade and Industry, the iron ore price was traded at $107.95 a ton on average on the
