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Pakistan Government sets to look into the antidumping order which has been in effect for the last 5 years against cold rolled sheet imported from Korea, Vietnam, Taiwan and the EU Community. The Pakistan government agency dealing with the unfair trade practices, National Tariff Commission, stated of
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Europe based 3 first largest stainless mills took a surcharge raise on the 300 series grade for the September offering, as well as for stainless 304 and stainless 316 grades alike. The first largest stainless mill, Outokumpu, confirmed its September surcharges of 2,235 euros a ton for the stainless
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Korea’s July exports for non-ferrous metal materials decreased although imports thereof increased. According to the statistics released by the Korea International Trade Association, the July non-ferrous metals exports dropped 14.5 percent over year totaling 96,015 tons combined refined copper, alumi
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The LME’s August 27 trading ended at $14,490 a ton for refined copper spot and $14,236 for the three month goods, while wrapping up $3,212.5 for aluminum spot and $3,216 for 3-month futures, $4,107 for spot zinc and $3,890 for three months respectively. The lead price was $$1,872 for spot and $1,903
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The Chinese domestic steel prices keep rising lately under the widespread backdrop of raw material price rallies like coal and cokes. According to China Steelhome statistics, the fourth week wrapped up with 3,430 yuan for hot coil, 3,478 yuan for plate, 2,805 yuan for cold rolled sheet, 34,090 yuan
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POSCO Holdings stated that the steel scrap bidding would be cut by 10,000 won a ton on the entire scrap grades except shelves pressed scrap which are supposed to be purchased at the Kwangyang Steelworks beginning September 1, while cutting 5,000 won a ton for the light pressed one, the company offic
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POSCO Holdings’ workers turned out to prepare for strikes on deck including upgrading their demand for payoffs to ward off a pay cut which may come up with those who are participating in strikes partially forward. If the union goes on strike any frustrating output may come out, industry sources fami
