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Just ahead of the seasonality boost beginning March, domestic steel market launches rallies across the board spreading out hot coil as well as plate, CR, rebar and H-beam on which steel mills are very active to adjust upward. According to industry sources, it is clear rising trend in steel prices wi
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The LME trading for non-ferrous metal materials showed fall across the board but zinc alone for February, ending at $12,967.83 on refined copper, $3,066.35 on aluminum, $1,916.1 on lead, $17,132.75 on nickel, and $48,675 on tin, respectively while zinc alone rose $100.63 to $3,320 a ton. On the Febr
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SeAH Steel of Korea made a decision to increase stainless pipe price over March, while other pipe producers are seeming to take part in the pricing policy in tandem with the tailwinds in favor of stainless flat market and real end users alike. SeAH Steel sent the notice to its excusive agents that t
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Though the seasonality boost turns around the corner the unending construction constraint and import surges are enough to influence special steel bar producers to keep their sale price on hold on carbon and alloy steel products. The stalling construction as well as other sectors like heavy equipment
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Japan Treasury Ministry released statistics pointed to a 17.5 percent year on year slip in the country’s scrap metal export to 459,000 tons in January, accounting for a two months successive decrease year on year. The scrap related export plunged 34.0 percent month to month, showing 16-month low sin
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Over January domestic export as well as import of non-ferrous metal raw materials came out to grow year on year and month to month both with refined copper. Alumi9num, zinc, lead, nickel and tin combined export surged 33.9 percent and import as well soared 16.3 percent over year, Korea International
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Korea Trade Commission, the antidumping investigating authority, confirmed that the 3.64 percent dumping margins preliminarily found out at its January 22 determination was filed with the Korea Finance and Strategy Minister to put antidumping duties since the subject dumping practices to sell under
