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Baoshan Steel of China keeps its price raising policy on certain steel product categories which look to defend the domestic price from the circumstances that are not in its favor at all domestically and internationally, industry people commented. In detailing with breakdown by product, the May sale
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Hyundai Steel pushes forward its H-beam sale price for the fourth consecutive month, by 50,000 won higher a ton on all the specifications beginning April 27, industry sources delivered. This accounts for an additional hike in 7 weeks after the 30,000 won add on March 9. The company aims at the highe
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Over the second quarter steel demand including domestic consumption and export demand is likely to go down year on year, Japan Economy, Trade & Industry Ministry forecasted lately. This implies that the steel demand for the first quarter of the fiscal year for the period April 2026 through March 202
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Korea’s steel export came in a total of 7.23 million tons for the first quarter adding 2.3 percent higher than a year ago, whereas it was valued at $6.6 billion which was down 0.5 percent respectively. The steel import dropped more than 10 percent posting the lowest since 2010 but certain forms like
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Entering the second week of April, domestic rebar price on distribution channels are traded at 820,000~830,000 won a ton on the 10mm SD400 model, rising 20,000 won a ton over week with a third consecutive week ramp up. A total of add summed up to 70,000 won a ton after three weeks hike straight, pos
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While the global financial market faces a great many of shifts on the mounting tensions across the Middle East non-ferrous metal prices are very vulnerable to the macroeconomic variables. According to the report released by Samsung Futures, non-ferrous metal prices but aluminum seem subject to the d
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China steel domestic price remains lower edge 2 weeks straight lately while stock levels keep depleting at steel mills and distributors alike with the seasonality boom becomes weaker to intrigue the market than in the past, market participants evaluated. For example, the second week of April came in
