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KG Steel of Korea takes to the profit led management leadership fortified by the current financial update results plus modernization plan alike. The company held the 2025 call conference on February 10 with domestic institution investors and securities analysts together showing off the preview and d
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Lately import response grade price is close to the import delivered price and vice versa on the domestic stainless flat product market. Typically imported material sells lower than the import response grade kicking off at domestic stainless mills, but recently the price difference is similar to each
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The iron ore prices continued falling in China, looking to be stuck in the higher end of stocks at seaports which is asking for steel mills to rein in the operation and the consequent pressures on the price thereof, Korea government officials who are familiar with the issue interpreted. For example,
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The rising path since the beginning of the year entered a breather stage when it comes to the Chinese hot coil prices. This looks somewhat stuck in for a while on the off-seasonal demand coupled with the Lunar New Year holiday break and wintry downside. According to industry sources, the first week
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Last year domestic special steel bar sales volume posted 2.5 million tons showing two years under 3.0 million tons, remaining the lowest battered by the pandemic. According to the Korea Iron and Steel Association, last year’s special steel bar production was 2,631,779 tons and export 382,095 tons re
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Last year was a worst for the domestic rebar mills faced a record breaking low under 7.0 million tons of domestic demand following the 8.0 million tons collapse two years ago. The situation is very likely to resume this year too, industry people concerned. According to the Korea Iron and Steel Assoc
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Korean hot rolled flat product prices continue strength just ahead of the coming Lunar New Year holiday break while the new pricing policies at mills are starting to be friendly responsive on the market trading at the lower end of 800,000 won a ton on the hot coil strip product. According to industr
