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The steel prices in China stayed with the same pace as a week ago amid the end of the fourth session of the China Communist Party meeting lasted 4 days lately. According to China’s steelhome statistics data, steel domestic prices comprised of 6 principal steel forms slightly slid or remained unchang
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Domestic stainless industry moves out to increase its shipment price over the three months straight lately, and distributors as well as real end-users are increasingly alert on the effect therefrom. According to the stainless steels industry sources, domestic stainless mills are weighing to raise th
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Japan’s steel export came over to decrease subject to towards the southeast of Asia summing up to the 6-month slide over year while the country’s import of steel products turned lower as well. According to the statistics released out by Japan Treasury Ministry on October 22, the preview of steel exp
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Steel import is sharply ebbing into Korea as antidumping duties are imposed preliminarily on hot rolled flat products on China and Japan since September 23, and the trade remedy is virtually in effect to elevate the domestic prices, Hana Securities lately presented. In this regard, the fiscal profit
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The Korea Government’s Fair Trade Committee imposed a fine of 6,549 million won on five steel companies producing galvanized iron wires including Korea Wire, Daeah Wire, Chungwop Wire, Hanil Steel and Jinheung Steel for their illegal price fixing practices over the period December 2016 through Febru
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Korea and China Governments shared the understanding about the fair trade practices under the trade environment which are in limbo across the world resuming the bilaterial trade remedy talks in 3 years since 2022. Especially, the two Governments had discussions of antidumping duties which are in eff
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POSCO is said to suggest the scrap bidding terms which accounted for a sizeable cut while sustaining the levels that were prior to the Korean Thanksgiving holiday break compared with the market prices. According to the industry sources, POSCO International participated in the Japanese scrap tenders
