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Domestic cold rolled sheet market diverged this February on account of the abbreviated business days with CR and picked & oiled slipped their sales volume and coated sheet items like hot dip galvanized and electrolytic galvanized ones showed improvement in export backing partially recovery of busine
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The continuing tightness on the hot coil supply domestic distribution market price is cranked all the way up trading at the high end of 800,000 won a ton on the mill sheet backed quality grade as currently as late March in Korea. Hot coil import response grade is also traded at the middle end of 800
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Steel export headed US beat a 10-year high but the export price fell down to the lowest, kind of takeaway price, since 2019, steel industry devalued. For the first 2 months this year, steel product based export summed up to about 680,000 tons, surging 64.6 percent over year and the amount of export
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The official statistics released by China Government indicate the Chinese crude steel output cuts back but other notches like raw material import and export as well as energy are headed towards the opposite direction. In fact, last year might be above 1.0 billion tons steel production in China addin
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The EU market price for hot coil keeps ramping up amid the rising energy costs and logistics conflict in particular while the policy shifts are inclined to the strengthening of carbon regulation and tighter steel import quotas alike. The EU’s hot coil price remains upward trading at 690~730 euros a
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Lately hot coil prices keep rising in the US especially centering Nucor Steel with the decreasing import of steel. Nucor Steel, the largest EAF steel mill in the country, increased its hot rolled strip spot price by $5 over week for the shipment over the period March 16 through 22 resetting at $1,01
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US Department of Commerce released its provisional antidumping review result in the zero rate of duties on certain rectangular steel pipe producers including Dongah Steel and Histeel at the administrative review for the period September 1, 2023 through August 31, 2024. US imposition of antidumping d
