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Korea’s steel piping mills make every effort to secure profitability during July coping with the suffering from decreased sales volume but expenses soared to threaten the management. According to the industry sources, standard steel pipe producers firstly are moving to gear up profitability by raisi
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Antidumping duties preliminarily imposed on the stainless cold rolled sheet imported from Vietnam terminates on July 11 to replace with the final antidumping duties at the same time, Korea Ministry of Finance and Strategy published lately. As a result, the final antidumping duties rate ranging 11.37
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US Department of Commerce released its final de-minimis antidumping review result on the heavy walled rectangular welded carbon steel pipe and tubes imported from Korea. According to the information provided by the Korea International Trade Association Washington D.C. Office, US Commerce made a fina
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The European Union Committee is determined to continue its antidumping measures on the import of steel pipe fittings from 3 countries including, publishing a notice dated July 3 to extend for 5 years next. As a result, the import of subject products from Korea and Malysia will go into effect until F
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Last month showed the seasonality slash in the Chinese crude steel production, reporting a 1.8 percent year on year decrease or 0.9 percent smaller than the period June 11 through 20 totaling 2.13 million tons a day on average between June 21 and 30, China Iron and Steel Association released lately.
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Korean steel pipe makers are very hostile to increase their sale price through narrowing the product discount rate in a sense that the poorer profitability cannot be resumed in the later part of the year. Firstly, SeAH Steel cut its product discount rate earlier in a fashion to boost the product pri
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Largest 6 steel wire rod producers consisted of Kiswire, Manho Steel, Dongil Steel, DSR Steel, Youngheung and Chungwoo Steel sold a total of 34,197 tons in May accounting for a 5.0 percent smaller than the month before or 4.7 percent less than the corresponding period of the last year. The sales vol
