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The Korean brass bar products are subject to the affirmative antidumping duties preliminarily by the US Commerce Department with respect to the administrative review released on September 14. As a consequence, Booyoung Industries was newly subject to 9.28 percent antidumping duties and others integr
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The LME trading as of September 21 highlighted on the refined copper in particular which ended at $14,788 on the spot and $14,730 on the three months goods, while aluminum at $3,262.5 and $3,273 and zinc at $4,018 and $3,931 a ton respectively. Other materials wrapped up with $1,890 and $1,920 for l
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Firstly, plate mills are moving to address the mounting cost on their sale price in earnest which is opposite to the lessening prices on distribution channels. According to industry sources, third week of September is being formed at the higher end of 900,000 won a ton for the domestic plate SS400 m
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The domestic produces of rebar and H-beam are sliding again in their domestic price entering third week of September, with rebar was down 10,000 won over week trading at 840,000~850,000 won for the 10mm diameter SD400 grade, downside in two weeks and the latter remained flat at 1,170,000 won a ton o
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The EU Commission stated September 18 to exert safeguard on grain oriented electrical steel preliminarily coming into effect September 25, 2026 through February 26 next year, while allocating non-tariff quotas by country based on the minimum price mechanism which is applied according to the delivere
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With uncertainty continuing on the pricing policies at stainless mills domestic stainless market price remains in limbo in Korea. Further, stainless demand stalls yet though the seasonality boom started while the bookings remain unchanged from the off-season in July and August and stay offering only
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The molten steel cost soared to the two years and 4 months high due to the surged coal price, adding serious cost push burden to the Korean blast furnace steel mills. The ironmaking coal price jumped 15 percent higher just in a month on the industry’s racing to seize stocks in the wake of production
