-
Lat year saw improvement in financial performance of most of domestic steel manufacturers but mixed satisfaction and disappointment depending upon the steel demanding sectors. In general, the steel companies made efforts to struggle with the slowed demand at the home market by expanding exports. As
-
Domestic steel importers are faced with the profit loss by close to 100,000 won per ton entering into the third week of April, registering a total of 9,523 metric tons reinforcing bar customs-cleared from China over the first 15 days of April. The imported price averaged $593 per ton, converting int
-
Domestic pipe and tube makers seem to adjust purchases for raw materials on worsening sales toward domestic consumers. According to the pipe and tube industry source, the makers increased prices for all scopes of pipe and tubes products in March. But the new tags are not fully reflected on the marke
-
Chinese H-beam inventories are rapidly destocking on the domestic market, while they are being replaced with the imported volume from Vietnam and Japan, steel importers said. “Entering the middle of April, domestic inventories of imported H-beam have been depleted rapidly. Some categories used for t
-
According to the Japan Ministry of Finance, Japanese steel mills continued exports in a 14-mponth downward for March, amounting to 3,377,000 tons, 2.5 percent year on year back and 0.3 percent down on the amount basis, worth 303.7 billion yen. By destination, Japan shipped 2,714,000 tons to Asia, a
-
Korea reached a high of $30.8 billion trade surpluses in history in the materials and parts industries over the first quarter this year. According to the Ministry of Trade, Industry & energy(MOTIE), Korea’s first quarter exports of the materials and parts sectors wrapped up to the highest level of $
-
Korea’s aluminum flat product decreased in sales volume by as much as 1.3 percent a year ago in March, leading to 73,848 metric tons, which compared with the same month last year of 74,792 metric tons. Domestic sales plunged by 15.4 percent year on year to a low of 29,680 metric tons, while export d
