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Stainless Prices Rally Launching Early Summer Seasonality Boom Domestic stainless market consensus seems to prepare for the beginning of the summer seasonality boost while some observers call to have alerts to the correction stage instead. Domestic stainless industry people bet on the strength of stainless prices across June and July while getting high credit f Small ERW Steel Pipe Inches Down the 1st Quarter Output and Exports Korea’s electric arc welded steel pipe having small diameter turned out to slide tis production and export demand alike for the first quarter on the slumped construction and devastated shipment headed into the US market. According to the Korea Iron and Steel Association, the first quarter small diam Big 3 Al Flat Producers Advance in Sale Domestic aluminum flat product refineries came out to make achievement in April year on year but disappointment versus a month ago. According to the survey conducted by S&M Media on the 3 big aluminum flat producers consisted of Novelis Korea, Choil Aluminum and Daeho Al. their entire sales volume i China Blast Furnace Route Mills Soar Surplus Rate The iron ore prices keep rally on the week trading basis stepping up to $111 a ton the first time this year having for the tailwind. According to Korea Trade and Industry Ministry, iron ore price was $11.38 on average a ton with $0.92 week over week rise, in the second week of May, on the 61 percent Q1 Steel Tire Cord Rebounds in Output and Sale Albeit Import Surges from China Korea’s steel tire cord output and sales volume turned out to hit a record high in the first quarter in company with the automotive production growth although the market took a turn for the worse from low value import surges and the Middle East unrest as well as rising substitute materials. However, US Commerce Determines Final Subsidy Rate on Korea Large Diameter Steel Pipe US Department of Commerce made a final administrative subsidy review on the import of carbon steel large diameter welded steel pipe from Korea, for the reported shipment during the period January 1 through December 31, 2023. According to Korea International Trade Association Washington D.C. Office, Wire Rod Shortage Leads to Prices Upward whille Special Steel Bar Import Surges Domestic wire rod prices keep going up in line with the strong raw material prices coupled with the shortage from the decreased import and trimming of domestic production while demand is encouraged by the low effect over year and favorable export demand for the upstream industries in part. On the de
Steel Material Intermediary Trading Service Expanding 'Steelboso' Steel Material Items and Updates the Notification of Available Materials! Steel Material Intermediary Trading Service Expanding 'Steelboso' Steel Material Items and Updates the Notification of Available Materials! Korea’s 2024 Steel Demand is to Slightly Up Korea’s 2024 Steel Demand is to Slightly Up POSCO Int’l Completes EV Driving Motor Core Plant in Mexico POSCO Int’l Completes EV Driving Motor Core Plant in Mexico Worldsteel Chairman Choi Urges Global Steel Leaders to Cooperate in Net Zero Technology Development Worldsteel Chairman Choi Urges Global Steel Leaders to Cooperate in Net Zero Technology Development SMK2023 Highlight: POSCO Catches Eyes to Greenate Steel SMK2023 Highlight: POSCO Catches Eyes to Greenate Steel
Analysis Stainless Prices Rally Launching Early Summer Seasonality Boom Small ERW Steel Pipe Inches Down the 1st Quarter Output and Exports
Top 10 Stories 1Stainless Prices Rally Launching Early Summer Seasonality Boom 2Small ERW Steel Pipe Inches Down the 1st Quarter Output and Exports 3Big 3 Al Flat Producers Advance in Sale 4China Blast Furnace Route Mills Soar Surplus Rate 5Q1 Steel Tire Cord Rebounds in Output and Sale Albeit Import Surges from China 6US Commerce Determines Final Subsidy Rate on Korea Large Diameter Steel Pipe 7Construction Sentiment Remains Slowing in April
Construction Sentiment Remains Slowing in April Cokes Prices Ready to Rise in China Ahead of Off-Season China Surges Wire Rod Export into Korea China Climbs its Shipbuilding Share up to 67% Globally POSCO Holdings Strengthens Lithium Parter in Australia
Korea SMEs BSI to Slip in May Pointing to 77.6 Castings and Forgings Trade Volume Fades in the 1st Quarter Wire Rod Import Surges Intriguing Price to Climb POSCO Future-M Accelerates Vietnam Investment Aiming the 2028 Operation India is Sticky to Raw Steel Capacity Add Increasing Steel Exports 3-fold
Headline News US Commerce is Sticky to AD/CVD Orders on Korea Plate Hot Metal Reignites to Hit a 2-year High in Ironmaking Costs HR Sales Volume Soars on the Highest Demand since Last June Hyundai Steel-POSCO Jointly Invested Louisiana Project Shapes Up Non-ferrous Metral Exports Achieved 28.9% Increase for the 1st Quarter