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Over the second quarter steel demand including domestic consumption and export demand is likely to go down year on year, Japan Economy, Trade & Industry Ministry forecasted lately. This implies that the steel demand for the first quarter of the fiscal year for the period April 2026 through March 202
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Korea’s steel export came in a total of 7.23 million tons for the first quarter adding 2.3 percent higher than a year ago, whereas it was valued at $6.6 billion which was down 0.5 percent respectively. The steel import dropped more than 10 percent posting the lowest since 2010 but certain forms like
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Entering the second week of April, domestic rebar price on distribution channels are traded at 820,000~830,000 won a ton on the 10mm SD400 model, rising 20,000 won a ton over week with a third consecutive week ramp up. A total of add summed up to 70,000 won a ton after three weeks hike straight, pos
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While the global financial market faces a great many of shifts on the mounting tensions across the Middle East non-ferrous metal prices are very vulnerable to the macroeconomic variables. According to the report released by Samsung Futures, non-ferrous metal prices but aluminum seem subject to the d
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China steel domestic price remains lower edge 2 weeks straight lately while stock levels keep depleting at steel mills and distributors alike with the seasonality boom becomes weaker to intrigue the market than in the past, market participants evaluated. For example, the second week of April came in
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POSCO Holdings made decision to discard its earlier stainless pricing position to hold on to stainless surcharges for the April delivery towards domestic distributors and instead haned out to increase on the contrary beginning the middle of the month. According to industry sources, POSCO Holdings ap
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Korean special steel bar export came out to improve two years straight mainly heading into newly emerging economies to achieve a 10.0 percent year on year gain during the first quarter, S&M Media released lately. breaking down statistics provided by Korea Iron and Steel Association, special steel ba
