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SeAH Steel, Korea’s first steel pipe producer, will secure good profitability over the second quarter thanks to the boosted exports headed US market, Dawul Investment & Securities analyst Lee Jung-woo presented lately. SeAH Steel almost recovered the pared profitability hurt since the Trump administ
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Domestic plate market came out to rebound in demand based on the hilarious shipbuilding sector over the first half, while domestic produces dominated the market share since the final antidumping determinations on the Chinese plate. According to the analysis conducted by S&M Media, the first half of
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The LME trading ended at $13,537 on spot and $13,585 on the three months for refined copper on July 15 while $3,153.5 and $3,150.5 on aluminum, $3,553.5 and $3,550 for zinc, $1,797 and $1,843 for lead, $16,505 and $16,725 for nickel and $52,705 and $53,000 for tin a ton respectively. The July 15 non
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Domestic plate market continues robust centering domestic consumption over the first half of the year, as the demand comes in consistently from large projects relating to shipbuilding, offshore plant and energy facilities in particular to elevate to a 3-year high at last. Plate production gets short
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The Korean stainless market is not yet ready for defending the prices far from increase sharing that the further price increase is de facto out of the question as far as the July shipment is concerned, industry people viewed. They are very difficult to even defend the price at the present level not
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Over the third week of July domestic rebar produce was traded at 860,000~870,000 won a ton on the 10mm SD400 model among distribution channels, while the lowest already sank down to the level of 850,000 won a ton. Prior to this, the market sentiment showed a sort of peak out with the offseason enter
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China continued ramping up its iron ore imports this year as well. According to China customs office, the iron ore imports aggregated about 628.87 million tons for the fist 6 months this year, adding 6.3 percent higher than a year ago. The last year was 1,258.71 million tons which was also plus 1.8
