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In August, Kiswire held on its leading position in the domestic hard steel wire rod market, but its share lowered by 3.1 percent from July. Based on the sales shipment statistics collected from the major six hard steel wire rod makers, Kiswire suffered downgrade of its market share by 3.1%p to 27.9
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Korea's domestic demand and export of steel wire rope reduced 1,000 tons around in July over a year ago according to the Korea Iron and Steel Association. The entire sales volume reached 13,307 tons, dropped 8.1 percent from 14,543 tons seen in the same month last year. Domestic shipment in part
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Domestic steel scrap prices are diving across the vicinity of the middle districts as well as southern area into the third week of September. In the second week of the month, southern-based EAF mills repelled their special scrap buying pulling down the market prices by 15,000 won per ton. In the Kyu
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Domestic high carbon ferromanganese 73% concentrate and silicomanganese 65% offering prices remains unchanged even entering September. According to the industry sources, the offering prices of H.C.FeMn 73% and SiMn 65% maintains around 1,400,000 won per ton as traded in the previous month, with pric
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Korea's stainless mills experienced their sales volume for 2B grade of CR product copes as well as for 2D, but other grades amplified by large in the shipment tonnage. This illustrates apparently that sales for diversified surface finishing products increased forcing to scale down the shipment f
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In July, Korea’s H-beam manufacturers scaled down their production and shipment alike over a year earlier, but the year to July figures increased slightly. July’s H-beam production was 264,760 tons, 9.9 percent lower than June, or down 12 percent a year ago, according to the Korea Iron and Steel Ass
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The projections that POSCO looks set to advance its financial statements over the fourth quarter by increasing prices for hot rolled and plate flat products are released in the domestic securities and investment industry. Yuanta Securities researcher Lee Hyun Soo diagnosed that POSCO is expected to
