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First off, domestic shipbuilding sector keeps robust focusing on the high value added and eco-friendly order intakes promising the long time improvement ahead. For instance, the entire shipbuilding backlog orders piled at the 3 shipbuilders including HD Hyundai Heavy Industries, Hanwha Ocean and Sam
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The iron ore prices slipped lately four weeks streak trading at $101.05 per ton on average with a $2.14 week on week slide during the second week on the 61 percent concentrate cost & freight North China spot basis, Korea Trade and Industry Ministry released out. This accounts for a colling sentiment
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Korea’s stainless CR imports situation changed this year with the 200 and 400 series decreased but the 300 series imports diverged widely in source. According to the statistics complied by the Korea International Trade Association, the first 5 months this year saw a total of the 200 series stainless
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Domestic hot coil market continues to take a breather on distribution channels, while attention rises toward the direction ahead where the prices will be headed since steel mills have a string of price raise. According to industry sources, domestic hot coil distribution prices are formed at around 9
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The Chinese HR market does not look to seek a clear bounce as the market heads into the off-season along the slowing real estate business alike although the cost push burden can’t stand the way the prices rebound. According to industry sources, hot coil prices in China tallied 3,380 yuan a ton over
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3 Korean aluminum flat producers made a stride in their May sale, posting a total of 84,633 tons which added 7.3 percent from 78,898 tons a year ago. According to the survey conducted by S&M Media, domestic aluminum flat sales volume decreased at Choil Aluminum but others at Novelis Korea and Daeho
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China’s Baoshan Steel is determined to remain flat in its sale prices for the entire steel products but electrical steel for the July shipment. According to industry sources, Baoshan Steel handed out June 10 to hold on to its 15 steel products including hot coil, plate, pickled & oiled, cold rolled
