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According to industry sources, POSCO and Hyundai BNG Steel both increased their 300 series stainless shipment price by 200,000 won a ton over the February delivery hinging upon the positive factors like the sharp rising nickel price, global bullish stainless rallies, and risen cost of production com
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China’s steel domestic prices remained stalling but the inventory level becomes broader further. According to China’s Steelhome flatform, the February 5 trading consisted of 3,340 yuan a ton on hot coil, 3,300 yuan on plate, 3,740 yuan on cold rolled sheet, 4,000 yuan on hot dip galvanized sheet, 3,
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Hyundai Steel readies to bounce back after passing the downturn, Hanhwa Securities viewed. The company’s fundamental competitiveness is enough to rebound and the price increase and product mix strategy will benefit soon, Hanwha added. Hyundai Steel posted 5 trillion and 489.8 billion won sale and 43
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The Taiwanese stainless mills have surged their February surcharges on the bullish momentum since the start of the year. for example, Taiwan’s largest stainless mill, Yusco, increased its surcharges on STS304 grade by 7,500 Taiwan Dollar a ton, representing the third straight month hike to result in
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Stainless sheet prices paused the continuing upsides lately turning partially lower. According to MySteel, China’s traditional stainless marketplaces based in Jiangsu and Guandong posted 14,400 yuan a ton as of late January, slipping 200 yuan a ton lower than mid-January. This was counter the rallie
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Turkey’s steel export continued improving and steel import as well marked a record high too. According to the Turkish steel producers association(TCUD), the country’s steel export totaled 15.1 million tons last year, improving 12.5 percent or two years growth straight. The steel import was also the
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According to the survey carried out by the S&M Media on the 6 wire rod producers(Kiswire, Manho Steel, Dongil Steel, DSR Steel, Youngheung and Chungwoo Steel), the December-2025 hard steel wire rod sales volume totaled 33,952 tons, improving 6.8 percent from January of 31,779 tons but inched down 1.
