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The steel export continues decrease in Japan even entering this year, posting about 2.28 million tons based on steel products and raw materials combined during January, Japan Iron and Steel Federation released out lately. this accounts for a 8.2 percent year on year slide. Of which carbon steel fini
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With the entry into the seasonality boost Korean rebar capacity utilization ratio is expected to retrieve the 60 percent level in 3 months. According to industry sources, the March average tallied to 63.6 percent as a result of the rebar capacity utilization rates combined at the 8 rebar mills compr
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In the latest administrative review on the import of cold rolled sheet from Korea, US Department of Commerce made a preliminary determination to put countervailing duties but antidumping ones, Korea International Trade Association delivered. US Commerce released its preliminary antidumping and count
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Domestic refined copper price posted firstly last month 19 million won a ton entered into the steadiness beginning March. The hike continued 5 months straight since November last year paused seeming to mount on the correction phase. For March, domestic refined copper sale price was corrected to 19,4
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On March 2 the LME trading for zinc ended at $3,354 for the spot and $3,368 for the three months goods respectively, while the price diverged on the mounting risks for the Middle East and consequently shortage fears. Korea’s Government Procurement Office released its zinc stocks at 5,520,000 won a t
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Korea’s aluminum flat product domestic price slipped in 8 months, while Choil Aluminum and Novelis Korea lowered their March sale price by 150,000 won cut at home and $10 cut for the local export trade which coincided with the LME trading which was $3,148.4 a ton in January and $3,065.35 in February
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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
