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The LME’s August 27 trading ended at $14,490 a ton for refined copper spot and $14,236 for the three month goods, while wrapping up $3,212.5 for aluminum spot and $3,216 for 3-month futures, $4,107 for spot zinc and $3,890 for three months respectively. The lead price was $$1,872 for spot and $1,903
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The Chinese domestic steel prices keep rising lately under the widespread backdrop of raw material price rallies like coal and cokes. According to China Steelhome statistics, the fourth week wrapped up with 3,430 yuan for hot coil, 3,478 yuan for plate, 2,805 yuan for cold rolled sheet, 34,090 yuan
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POSCO Holdings stated that the steel scrap bidding would be cut by 10,000 won a ton on the entire scrap grades except shelves pressed scrap which are supposed to be purchased at the Kwangyang Steelworks beginning September 1, while cutting 5,000 won a ton for the light pressed one, the company offic
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POSCO Holdings’ workers turned out to prepare for strikes on deck including upgrading their demand for payoffs to ward off a pay cut which may come up with those who are participating in strikes partially forward. If the union goes on strike any frustrating output may come out, industry sources fami
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World crude steel production scaled back showing the lowest following the first two months figures this year as China cut its output although other regions climbed higher than a year ago. According to World Steel Association, the global raw steel output was down 0.3 percent in July a year ago to 149
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Korea’s steel mill products based exports turned out to early August make a significant stride close to 10 percent higher than a year ago while the country’s entire export performance rocketed as well centering semiconductors, Korea Customs Service released lately.During the period August 1 through
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According to the survey carried out by the S&M Media on the 6 major hard steel wire rod producers consisted of Kiswire, Manho Steel, Dongil Steel, DSR Steel, Youngheung and Chungwoo Steel, their combined sales volume totaled 28,042 tons in June decreasing 2.8 percent over the year ago month of 30,98
