-
The valuation is changing with respect to the domestic market situations, and the standard based on the raw material prices is no longer to become the issue in discussion fading in a new normal in steel. For example, many people point out that the foreign exchange rate is in common taming to trade a
-
Hyundai Steel of Korea seeks to normalize the hot coil distribution pricing disciplines via increasing its offering price. According to the company sources, the new tag will take place beginning 25th November by 10,000 won higher for hot coil that is due to head for domestic distributors. Prior to t
-
POSCO’s Pohang No.1 wire rod mill entered a shutdown on November 19 completing the operation over 45 years and 9 months. POSCO explained about the background which is tied up in the continuing plethora in global steel supply, low-priced import surges and obsolete facilities overall. In fact, global
-
Vietnam Government made a final determination to keep imposing antidumping order against the corrosion resistant steel sheet imported from Korea via its affirmative order to extend another five years in the sunset review, but Korean steel industry will not be severely affected at all, industry peopl
-
Korea’s 4 listed stainless sheet mills consisted of Hyundai BNG Steel, Daiyang Metal, Hwangkum ST and Cenit resulted in somewhat disappointed earnings for the third quarter, amounting to 287 billion and 530 million won sale rvenue which plunged 23.1 percent a year ago. By producer, Hyundai BNG Steel
-
Korea’s steel wire rod products secondly processed for the downstream industries turned out to decrease in production and sales volume alike through September this year. The main cause of declines was tied up with the slowing construction business at home and abroad out in particular. According to t
-
The iron ore price has slid over the last week straight falling short of thawing out any disappointment shortly at China Government’s another stimulus package released through the week. According to the statistics released out by Koea Ministry of Trade, Industry & Energy, the iron ore was priced on
