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The long time slumping activities in construction are directly impacting the H-beam imports this year to plunge more than 30 percent a year ago at 51,000 tons in the first quarter. The average was about 17,000 tons each month during the period, and the annual rate is estimated to amount to 203,000 t
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According to Korea Iron and Steel Association, the first quarter this year was a total of 14,634 tons CD bar exports which improved 4.4 percent over year. breaking down by country, shipment headed China, Taiwan and Europe was down 12.6 percent, 48.7 percent and 0.9 percent respectively accounting fo
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Korea’s hot coil p[rice climbed to the 3-year high on distribution channels, forming at the middle or higher end of 900,000 won level a ton amid certain grade is traded at the 1,000,000 won range in part. Especially, domestic product showed somewhat steep pace by 20,000~30,000 won a ton over the lat
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Last year domestic rebar demand crashed to the record low squeezing many a EAF mills had to suffer from serious deficits. This compelled rebar distributors to face the spiral downturn in profit. According to the analysis caried out by the S&M Media, 30 long product service centers nationwide showed
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The general atmosphere concerned non-ferrous metal products showed upsides with the expectations for the deal close between US and Iran shortly. On the April 16 trading for copper on the LME market wrapped up with $13,180 a ton for the spot and $13,240 on the 3-monhts goods respectively, while alumi
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Korea’s rebar price above all turned into moving sideways just in 4 weeks a week ago trading at 820,000~830,000 won a ton on the 10mm SD400 grade, with the start of the third week of April. The rebar domestic price continued indeed rising three weeks streak until the second week on the controlled sh
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Hot coil distribution price keeps on upsides further on the continuing tighter stock levels on the market, stepping up to the middle or higher end of 900,000 won a ton lately. The price is already formed at higher levels than that amid the outlook that the price will continue to rally with the conce
