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Over the third week of July domestic rebar produce was traded at 860,000~870,000 won a ton on the 10mm SD400 model among distribution channels, while the lowest already sank down to the level of 850,000 won a ton. Prior to this, the market sentiment showed a sort of peak out with the offseason enter
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China continued ramping up its iron ore imports this year as well. According to China customs office, the iron ore imports aggregated about 628.87 million tons for the fist 6 months this year, adding 6.3 percent higher than a year ago. The last year was 1,258.71 million tons which was also plus 1.8
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Korean aluminum flat product suppliers saw a two digits increase in sale over the first half thanks to the boosted exports. According to the survey conducted by S&M Media, they sold out a total of 524,069 tons which added 13.7 percent over the same period of the last year of 461,063 tons, of which d
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Chinese steel mills are driving up their sale price even though demand drags on. For instance, Anshan Steel announced to increase its major steel forms by 50 yuan a ton for hot coil, plate, pickled & oiled, cold rolled sheet, galvanized sheet and non-grain oriented electrical steel over the August d
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The Chinese steel product exports ramped firstly this year up in June year on year amounting to 10.32 million tons with a 6.6 percent hike. This was 4 percent higher even compared with the average per month in the last year. And this appears to benefit from the frustrated steel manufacturing in Iran
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According to Korea Iron and Steel Association statistics, the first half-2026 was down 2.1 percent over year totaling 30,398 tons cold drawn steel bar products exports. Of which, outbound shipment headed China was down 23.2 percent to 4,295 tons, into Taiwan down 33.9 percent to 804 tons and into US
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The Japanese steel scrap domestic prices supported to date by weak Japanese yen take a turn for the worse in 11 months while Korean scrap market is paying attention to the impact ahead. According to industry sources, steel scrap price traded across the Kanto region in Japan slipped 1,000 yen over we
