-
The world steel market will very likely rebound this year, Yuanta Securities reviewed the steel situations while explaining about the Chinese steel market for the period March through May. China’s steel demand is showing any recovery trend these days, as the industrial production resuming operation
-
China’s home market price of H-beam rose slightly over the first week of June, with Shanghai trading upward to 3,600 yen per ton range, ending at 3,620 yuan per ton for 200mm by 200 mm grades, which was 30 yuan per ton higher than May 29. Also, in Beijing, H-beam prices posted 3,520 yuan per ton, wi
-
In April, domestic stainless wire rod exports slowed while imports increase on the contrary. According to the Korea Iron and Steel Association, stainless wire rod exports decreased 10.7 percent in April totaling 4,148 tons, and collective tonnage by April also was off 19.6 percent a year ago from 20
-
Chinese HR export offers surged over the August shipment due seemingly to the risen raw material prices and seasonal booming, of which domestic importers expressed disapproval. According to importers, Chinese HR mills suggested $460 per ton into Korea over the first week of June, cfr, or $450 per to
-
US crude steel production posted 1,329,365 tons in the fifth week of May, according to the American Iron and Steel Institute(AISI). This was down 35.9 percent from a year ago touched 2,072,310 tons. Meantime, the capacity utilization rate was 80.8 percent. The collective production by May 30 was 1,2
-
Domestic rebar production was down in company with the depressed construction business, forcing mills to tune their production matching the demand status. The rebar production is virtually curving to the downside versus 2017 when the consumption peaked. However, prices on distribution chains increas
-
Korea's slab export plummeted to 5,000 tons per month level, while imports surged to 100,000 tons a month notwithstanding recession on the coronavirus. According to the Korea Iron and Steel Association, domestic slab exports posted 5,278 tons in April on the ordinary steel grade basis. This was
