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World iron ore supplies continue shortages while Yujin Investment & Securities figures out at its report that the Vale's iron ore export by May this year came to no mre than 252 million tons, stopping very short of the annual guidance of 315~335 million tons. The report predicts that Chinese ste
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The second half this year aluminum ore market is forecast to boost in accord with the recovery on the consuming industries and the resultant rising domestic demand, while China's alloy aluminum ore exports which surged over a few of years past are seen returning to the usual level. According to
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The global non-ferrous metal supplies keep shortages amid the robust demand occurring in the US and EU as the COVID-19 pandemic eases down. This is supported by the sustaining low leve of refinering commissions relating to copper, aluminum and zinc. The first half non-ferrous metal values keep ballo
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The first quarter world crude stainless production crashed year on year with Chinese majority fallen sharply. According to the International Stainless Steel Forum, for short ISSF, the first quarter 2021 posted a 14.5 million tons crude stainless steel production, resulting in a 25.0 percent plunge y
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In April, US export of steel mill products turned out to decrease slightly compared to the three-year high in March. According to the Commerce Deaprtment statistics, US steel mill product export totaled 689,593 tons in April, down 3.82 percent from March of 716,958 tons. The March export was a lareg
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POSCO notified domestic distributors of the price increase on plate for the next month shipment, while supply chains anticipate further increase depending on the situations. According to the industry source, POSCO is now touching its steel service centers to inform of the 100,000 won per ton increas
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China's Baoshan Steel made decision to freeze its flat product domestic prices over the July shipment, notifying customers thereof. The company increased prices on shipemnt scheduled to be shipped until June in tandem with the strong domestic price continued until May. But it seems to enforce th
