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Vietnam's steel product imports turned out to drop as the closedown prolongs on the coronavirus respreads. However, the steel scrap import on the contrary increased as the steel mills expanded utilization. According to the Vietnamese Customs Office, the steel product based imports totaled 814,09
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China imported a total of 1,256,000 tons steel products in September and exported a total of 4.92 million tons under the statistics released by the China Marine Customs Office lately. China’s steel product based import quantities turned out to rise 193,000 tons from August but fell 56.4 percent over
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Globally tightening zinc supplies picked up a 14-year high in price, ending at $3,501 per ton on the three months which upped $131.5 per ton and to $3,552 per ton on the spot price which added $142 per ton on the October 14 LME official price basis. On this day, the spot zinc price posted a highest
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Steel demand slows down in the EU market amid the continuing suspension of the automotive manufacturing hit by the chip shortages. The hot rolled coil prices showed considerably stable until October 12 in the peripheries of north Europe and the steel mills as well as purchasers together are taking a
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Korea’s September SC-BSI indicating the construction business survey index posted the higher end of 50 while the next month is expected to come on to the middle or higher end of 60, according to the Construction Economy Research Institute of Korea(CERIK). The SC-BSI reads 58.1 in September, which up
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Alloy aluminum prices keep rocketing lately, 50 percent around higher than this January while the raw material price like metal silicon which is consumed therefor as well hiked more than 100 percent since mid-September. The higher raw material prices are causing cost push on the domestic die casting
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This year domestic H-beam sale volume is far larger the annual years past while the industry attends to the October sales ahead. The H-beam sales volume increased more than 10 percent so far since 2015 with the October sales expecting to rise more than 10 percent as well. However, the industry shows
