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Dongbu Steel executed rapidly its cold rolled flat products prices over the June shipment seemingly on the cost-push pressure albeit sagging consumption. Dongbu Steel announced to increase its supply price of the entire scope of cold rolled flat products they produce by 40,000 won per ton each begin
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Over the first quarter this year, domestic listed hot rolled steel service centers yielded more sales than a year ago, but their operating income and net earnings were destructive although tried to raise prices in a bid to improve the profitability. According to the documents filed with the Finance
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Major domestic specialty steel producers and distributors release their first quarter upshot, mostly becoming better off compared to the final quarter the previous year. Their revenue on sales raised but operating income and net earnings dropped, otherwise all the indicators decreased, hiding diverg
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Chinese hot rolled export offer prices kept two weeks down apparently intending to tailor them taking into account the recent foreign exchange rate changes. Chinese hot rolled steel sheet and coils offers registered $543 per ton, cfr Korea, the domestic importers said. This was down $5 the prior wee
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Korea's plate import climbs up with shipbuilding materials reining the deals. Export of plate also increased mainly headed China albeit the bidding rise. According to the Korea Iron and Steel Association, the domestic plate import over January through April totaled 663,649 metric tons, 59.6 perc
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POSCO decided to raise its offering price on the authenticated hot rolled sheets and strip toward domestic distributors. Some of industry people said the timing and degree of hikes have been different from the market estimate. According to the HR distribution industry, POSCO notified its HR coil pro
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As US and China slashed tariffs each other the trade talks confronted headwind and Chinese currency weakened against US dollar on May 17, ending at 6.8859 yuan per dollar, down 0.0171 yuan, or 0.25 percent from the prior trading day of 6.8688 yuan. This renewed a record peak as of result of a 7-day
