-
Entering the final week of April, the rebar price on distribution fell further 10,000 won per ton at 730,000~740,000 won on the 10mm SD400 model. The sentimental bottom line has already collapsed under 750,000 won a ton, being seriously threatened to return to the square one heading for the 700,000
-
DSM(Dngkuk Steel Mill) issued its first quarter preliminary results in a 927.3 billion won revenue, 52.5 billion won operating profit and 29.1 billion won net earnings on the K-IFRS non-consolidated basis, representing quarter on quarter declines by 17.4 percent, 33.1 percent and 33.7 percent respec
-
Korean plate industry is lately reeled over the global steel demand constraints although hanging over hopes for recovery after the second quarter. Nobody is easily sure of the rebound while the industry mulls over stemming the tide. It is virtually difficult to improve the stalling steel market unle
-
The LME nickel spot price climbed two trading days over and over to a yearly high of $19,000 a ton, catching eyes of the domestic stainless industry not to mention of specialty steel market. The LME price beat $19,045 on the 19th and $19,015 a ton on the 22nd this month, the first time to outrun the
-
About 30,000 tons steel scrap origined in US is due to arrive at POSCO Kweangyang Works as early as next month, probably between the 1st and 2nd May, industry sources delivered. It is said that the contract was made by POSCO International near the end of March, departing Okland on the 13th March, fo
-
SeAH Besteel of Korea takes further step to lower its scrap bidding price for the sixth time since February. Hyundai Steel has already cut its scrap bid earlier at Incheon and Dangjin Works both on all the scrap grades but crude scrap and shredded A&B grades taking place April 25. SeAH Besteel also
-
The first two months resulted in a total of 184,034 tons energy steel pipe products export which was 6.4 percent larger than the same period of the year prior reported 172,940 tons, said the Korea Iron and Steel Association. The production was 179,900 tons expanding as well 14.6 percent from 156,253