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Dongkuk Steel Mill(DSM) released its preliminary second quarter non-consolidated financial results in a 1.4 percent quarter on quarter add in sale worth 940.2 billion won plus 40.5 billion won operating profit(down 23.0%) and 23.1 billion won net earnings(down 20.5%) respectively. DSM was caught up
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Choil Aluminum and Novelis Korea cut their aluminum flat product domestic price by 20,000 won a ton for July, which was a bit delayed on the suspended negotiations relevant to the third quarter Japan Aluminum Premium(MJP). Korea’s domestic prices were mixed with the MJP talks result and the LME alum
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The second quarter consolidated results closed 6 trillion and 41.4 billion won revenue, 98 billion won profit and 1.4 billion won net earnings respectively, Hyundai Steel released out July 25. The sale gain was 93.6 billion won over quarter and operating profit added 42.2 billion won despite slowing
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Worldwide situations in steel are faced up with the increasing uncertainties, Yujin Securities diagnosed lately. Global market eyes the risky Trump trade and fading hopes for a myriad of stimulus in China, Yujin analyst Lee Yujin pointed out. Former president Trump introduced the Section 232 tariffs
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POSCO Holdings turned out to achieve better results on the quarter on quarter basis for the steel and infra businesses, wrapping up the second quarter with the 18.51 trillion won revenue, 752 billion won operating profit and 546 billion won net earnings respectively based on the consolidated stateme
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Korean hard steel wire rod industry saw its worst performance for the first half based on the survey carried out by S&M Media. The situations will remain worse lower in profit margins over the second half, the survey added. By company, most of the industry but Kiswire and DSR Steel confronted a wors
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China Government makes determination to initiate antidumping review on stainless sheet and coils as well as billet imported from Korea, Indonesia and EU while Japan was excluded from the review although included in the investigations. China Commerce Department released July 22 out its decision to be