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Domestic piping and tube industry is concentrating on the expansion of product-portfolio targeting the second half sales as the deterioration facing the domestic upstream industries will be increasingly into the mid-year. First among others, they pipe and tube industry is pondering to apply POSCMAC
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As the LME nickel values rise the hopes for the stainless prices are lifting as well. In particular, the stainless distributors expect prices to go up during July. Lately, the LME nickel prices reentered into $14,000 a ton range firstly since August last year, moving up rapidly renewing a record hig
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Domestic cold re-rollers are looking forward to the improvement in their profitability even in the second half the year, but there remain variables related to the uncertainties around the domestic demand and import surge of Chinese materials. According to the industry source, the domestic cold rolli
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Korea’s rebar prices set back again during the third week of July, down 5,000 won a ton appearing to set at 690,000 won for SD400 and 10mm products after a little bit swings shown over a few of months last. The rebar industry in July has already set for 725,000 won a ton which was increased by 10,00
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Korea’s export of steel products mixed steel raw materials focused steel scrap bundles increased slightly, while exports shipped to China decreased, but those headed ASEAN member countries surged by large. According to Korea Iron and Steel Association, Korea’s steel product exports included steel sc
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Korea's forging steel industry turned out to have slightly gained its export and import headed to Japan over the latest ten years in the statistics compiled by the Korea Iron and Steel Association, while export quantities showed a consistent improvement beginning 2015. Forging steels import also
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Korea’s rebar import was about 64,000 tons in June, a low since February this year. Chinese materials in particular marked a lowest import of 26,000 tons. According to Korea Iron and Steel Association, Korea’s June import of rebar totaled 64,843tons, down 9 percent from May, or increasing 74.7 perce
