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3 Korean aluminum flat producers made a stride in their May sale, posting a total of 84,633 tons which added 7.3 percent from 78,898 tons a year ago. According to the survey conducted by S&M Media, domestic aluminum flat sales volume decreased at Choil Aluminum but others at Novelis Korea and Daeho
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China’s Baoshan Steel is determined to remain flat in its sale prices for the entire steel products but electrical steel for the July shipment. According to industry sources, Baoshan Steel handed out June 10 to hold on to its 15 steel products including hot coil, plate, pickled & oiled, cold rolled
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This year stainless hot rolled strip imports diverged by series with the 200 series decreasing but the major model of 300 series amplified to a large extent from in particular certain countries enough to call for attention. According to Korea Iron and Steel Association, the 200 series hot rolled str
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The LME refined copper spot and three months ended at $13,420 and $13,458 per ton on June 11 while aluminum at $3,498.5 and $3,495.5, zinc $3,468 and $3,483.5, lead $1,967 and $1,962.5, nickel $17,440 and $17,680 and tin at $52,395 and $52,650 respectively. The prices heightened as the investment se
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The output is indicated to restore in April versus the previous month at the Pohang Steel Complex yet the export demand continues slowing on the adverse exterior export environment, industry sources delivered. The April production was valued at 1 trillion 232.3 billion won, rising 9.4 percent over m
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Domestic stainless pipe and tubes makers are moving out to push forward their sale price additionally for the June delivery in a bid to address the higher stainless hot coil buying terms. According to market sources, Korean large stainless pipe producers including SeAH Steel are known to set their J
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Steel exports continued reducing in May, but the effect of policy seriously attenuated. Indeed, last month was down 2.2 percent to 10,341,000 tons in steel year on year and the first 5 months China’s entire steel product based exports downed 8.1 percent year, according to statistics released out by
