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POSCO Holdings’ stainless price over January this year is destined to freeze as the management seems to take more care of domestic condition than the exterior factors like the cost push burden and global stainless producers’ price increase policies on the stainless flat products. POSCO Holdings noti
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World major non-ferrous metal prices keep rallies at the LME into the end of the year. for instance, nickel price renewed 9-month high on December 30 trading at $16,475 a ton which added 3.9 percent over day thanks to the Indonesian Government’s release to cut its nickel production next year. The pr
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Domestic rebar prices kept rising two weeks straight by 30,000 won a ton over week for the fourth week of December on the 10mm SD400 model, while the hike summed up to 40,000 won a ton following the third week add of 10,000 won. This shapes the same feature as seen into the end of the last year when
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Domestic cold rolling rerollers are keeping their defensive corners on the market heading into the off-seasonal wintery demand. The imported material eased down its pressures on the market while those like galvanized sheet and electrolytic galvanized sheet are fading fast in their import shares but
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Korean hot coil prices among domestic vendors sank down again to the level of 700,000 won a ton into the end of the year which is far from the feature to trade at the lower end of 800,000 won a ton maintained since September last year. The low value import surges eased at long last since antidumping
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The pig iron as well as crude steel production continues fading globally, with China sliding under 70 million tons crude steel output in November firstly into this year and world pig iron fell to the lowest on a month to month basis. As per the December 23 release by the World Steel Association, the
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The H-beam import price shipped by the Chinese mills into Korea began rebounding in 7 quarters but the import quantities are likely to be little encouraged in the lights of the continuing stronger foreign exchange rate under the lack of demand. According to the industry sources, the first quarter ne
