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The iron ore price is seemingly locked in the higher end of $107 a ton in company with the Labor Day break and the preceding pile in China. The price stepped a bit up entering the fourth week of April after the fall to $106 but the further momentum is missing since, industry experts said.According t
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The industry dealing with the steel pipe and tubes look to examine about the price increase in a bid to address the risen portion of primary steel materials as well as due to the imbalance between the supply and demand for hot coil, industry sources delivered. Indeed, domestic integrated steel works
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The Chinese steel domestic prices showed the continuing climb beginning the middle of April, with hot coil and plate making gains of 30 yuan and 60 yuan a week ago respectively trading at 3,470 yuan and 3,450 yuan a ton on April 29. CR and GI prices also climbed to 3,800 yuan and 4,080 yuan each ste
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As per S&M Media’s survey on the 6 major wire rod producers consisting of Kiswire, Manho Steel, Dongil Steel, DSR Steel, Youngheung and Chungwoo Steel combining, the March wire rod in hard steel form totaled 31,921 tons, adding 17.0 percent larger than the February 27,281 tons. This was however down
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According to the American Iron and Steel Institute(AISI), the US imports of steel plunged 34.7 percent during first quarter this year over year reaching 4.63 million metric tons around, of which finished imports pulled back 35 percent to 3.39 million tons. The falling pace was far larger versus the
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POSCO Holdings presented to charter the direction ahead in focus on the profitability and cost response with respect to its key challenging issues including the India Joint Venture, lithium project and electric arc furnace commissioning. The following is the answer to the questions: Q. What will dom
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POSCO is determined to freeze its stainless price heading domestic distributors over the May delivery, increasingly taking the same position as in April. POSCO Holdings notified April 30 of its stainless pricing policy to hold on for May heading into domestic distribution channels. However, the stan
