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In July a little adjusted international refined copper prices and the softer Korean currency against the US dollar made Korean domestic price take a downside entering August. That said, supply fears over the global depleting stocks and world mines’ frustration are still poised to pull up on the mid-
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Japan Treasury Ministry Statistics released lately a total of 3,537,000 tons ferrous metal scrap exports during the first 6 months this year, sliding 7.4 percent year on year. This accounts for a 9.8 percent quarter over quarter decrease too. The average was 589,000 tons each month estimating a tota
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Steel prices slipped a bit on the attenuated domestic trade quantities while inventories kept piling up in China. According to Steelhome of China, the fifth week of July traded at 3,388 yuan for hot coil, 3,408 yuan on plate, 3,778 yuan on CR, 4,108 yuan on hot dip galvanized sheet, 3,210 yuan on re
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First half of the year imports of stainless ERW pipe turned out to surge due allegedly to much heightened inflow from Vietnam. According to the Korea Iron and Steel Association, first half imports of stainless ERW pipe were 10,608 tons which were $42.01 million worth, account ting for increases by 1
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China’s stainless exports dipped two digits down over the first half of the year, reporting 2,055,800 tons cut by 17.77 percent or 444,300 tons over year, China Stainless Steel Committee released lately. First half stainless imports dropped as well totaling 752,400 tons which pared 9.07 percent or 7
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Steel mill products imports continued falling into the US, down 22.9 percent over year totaling 10.23 million tons, American Iron and Steel Institute released July 28. Of which, finished steel product imports plunged 24.5 percent year on year to 7.4 million tons, resulting in a 5 percentage points s
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Korea’s stainless cold rolled sheet imports sank down 14.7 percent to a 6-year low totaling 137,244 tons over the first half of the year on the 6-month inflow basis on literally halt from Vietnam which produces are subject to antidumping duties in effect last July. The import price was updated to $1
