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World electrolytic copper value has finally gone over the 10,000 dollars wall per ton. On May 6, the LME copper price surged $34 per ton from the previous day trading on the spot, ending at $10,025.5 per ton, while the three months up $37.5 to $10,028 respectively. These closings both approached clo
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At the very end of March, domestic mild steel wire rod and hard steel grade alike showed their stock levels to pile up even to 270,000 tons, according to the Korea Iron and Steel Association. The domestic carbon steel wire rod stock levels surged 68.8 percent in March, from 157,541 tons a year ago t
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Korea's pipe & tube makers dealing pipeline products start increasing their sale prices for the May shipment, narrowing the product discount rate by 6~8 percent holding good from the May 3 shipment. This equitable to the price increasing effect is due to the maintenance programs which are underw
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According to the Chinese logistics committe, CSLPC, annexed to the National Statistics Bureau, China's steel business PMI was read 45.4 in April, down 2.5 point from 47.9 in March, accounting for a consecutive fall over the two months latest, or five months slippage since May last year, on strea
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The steel scrap value remained the three weeks steadiness in the US following the four-week remaining flat. On May 3, HMS No.1 steel scrap composite price stayed at the same level as in the previous week of $397.9 per etric ton, remaining unchanged over the three weeks past in a row. By city, HMS No
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POSCO Litium Solultion moves out to construct litium hydroxide factory in Chollanam-do, southwestern Korea. The Chollanam-do and POSCO Litium Soulution annonced April 6 that they signed the 760 billion won worth of the Memorandum of Understanding with governor Kim Young-rok, POSCO vice president Chu
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World iron ore price continues rallies due to the supply shortages albeit reviving demand based on the global economic recovery. The iron ore price on April 26th renewed its high subject to the CFR Qingdao terms trading at $193.58 per ton which increased 3.94 percent day on day. The 56.7 percent fin
