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Korea's H-section export quantities decreased largely in 18-year absence since 2003 of 180,000 tons sliding under 1.0 million tons around last year. Early in the 2010s, the H-section exports boasted of over 1.3 million tons, but plummeted by more than 400,000 tons last year little better than 90
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March’s aluminum flat product price was increased in company with the LME aluminum price shifts last month while the stronger foreign exchange rate against the US dollar played a contribution thereto in part. By company, Choil aluminum decided its 0.3mm foil aluminum flat product price at 3,520,000
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In January, world aluminum production keeps 13-month growth in a row, while China coming out of the coronavirus pandemic impact increases its aluminum production share to 57.8 percent of the world total production. According to the International Aluminum Institute, the January primary aluminum produ
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As the rising prices on iron ore and slabs continue pressure on those relating to hot rolled flat products like hot coils and plate domestic mills concerned are cling to the price hikes to prevent from any poorer profitability. The iron ore price averaged $169.85 per ton until the third week of Febr
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The LME nickel value collapsed further ending at $18,607 per ton on February 26, down $961 per ton from a day ago. Nickel stocks added 72 tons to 251,130 tons. The stocks on New York Stock Exchange are mixed, flowing instable coupling with the rate shifts. The rate on 10-year Treasury fell down to n
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Korea’s stainless steel consuming industries are strongly against the preliminary determination of antidumping duties on stainless CR import. Korea Small and Medium Business Federation stated in public that the preliminary antidumping levies on stainless CR imported from China, Indonesia and Taiwan
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Korea’s color precoated sheet producers are accelerating the price increase on the constriction materials even over March. Early in the year, the moves hesitated a little bit on the constriction color sheet price, they are now pushing ahead with all the more furious for the higher costs. According t
