-
Domestic plate market will probably steady continuing rally in price even in the second half of the year, while demand keeps strong in the shipbuilding and industrial projects alike. The plate price is leaning to remain for a while at the level of 1,000,000 won a ton on distribution channels, indust
-
Domestic rebar price inched 10,000 won higher over the third week of May trading at 850,000~860,000 won per ton, taking off again after 2 week’s absence. The market price continued rising 2 weeks streak till first week but showed sort of taming entering the second week having alert for the peak whic
-
Although domestic demand for special steel bar is just on the verge of rebound and the price has the tailwinds for the momentum after entering the second quarter import surges and consequently decoupling with the consuming industry are standing the way of the special steel bar industry’s recovery. A
-
The rising trends of steel prices halt lately in China with almost major steel products seeing declines although slightly. According to China’s Steelhome statistics, the third week of May averaged 3,510 yuan a ton for hot coil which dropped 52 yuan over week, while plate and CR prices were down 43 y
-
Korea steel industry will take a trun for the better beginning the second quarter, market consensus leans to the favorable outlook which focuses on in particular the getting credit for the sale price increase on hot coil and plate which will help improve domestic steel mills, domestic securities cir
-
Korea’s 3 stainless pipe producers misplaced their respective results for the first quarter with Sungwon and UST achieved production growth but Irem had to bite the bullet to scale back its stainless piping lines. According to the survey conducted by S&M Media on the major 3 stainless pipe producers
-
Domestic stainless market consensus seems to prepare for the beginning of the summer seasonality boost while some observers call to have alerts to the correction stage instead. Domestic stainless industry people bet on the strength of stainless prices across June and July while getting high credit f
