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DSM(Dongkuk Steel Mill) is known to result in a better financial performance with the returning steel demand and strong steel prices alike, expecting to reach over an 6.0 trillion won sale this year to escape the consecutive 3-year revenue of 5.0 trillion won level since 2018. According to the secur
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Hyundai Steel became a de-minimis subsidy margin for its 2017 countervailing duty review on certain hot rolled steel flat product exported to the US. In March, the US Commerce Department had turned down the de minimis subsidy margin on Hyundai Steel which exported the subject hot coils for the 2017
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US Department of Commerce lately released its final antidumping duties on the circular welded non-alloy steel pipe imported from Korea, with respect to the latest administrative reviews, imposing zero percent margins on Husteel and Hyundai Steel, according to the Korea International Trade Associatio
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Domestic CR flat product producers are making effort to pile up the raw materials, i.e., hot coils. They even tried to import starting materials from Japan and China as the domestic supply signifies. In China, the government already declared the carbon zero policy with curtailing steel production. T
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China's HR market fell down to the higher end of $800 per ton following the repeated rising uncertainties as seen since August. In the third week of September, China's HR market ended at $892 per ton including VAT on the supply chain. This connotes a $13 per ton pr 1.4 percent decrease over
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POSCO and Hyundai Steel alike will once and for all bring about additional good results over the third quarter, which is largely grounded by the stalling steel import from China, rising demand in the automobile, construction and shipbuilding industries and resultant strength in steel prices as well,
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China's rising demand has CIS-sourced billet export price maintain steadiness over the third week of September, but there was no transaction in reality. CIS-based steel mills sold considerable volumes of billets which were scheduled for October, and some of those to be shipped within November ha
