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Lately China steel industry people surge voices that the industry shall seek new subject like recycling energy while getting out of the exterior large scale production system that has been sustained to date. In doing so, the first priority is to push forward with the modest level of crude steel prod
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This February Korean steel plate sales volume was down but year to date remained growth year on year. According to the statistics compiled by S&M Media, Korean steel plate producers combined POSCO Holdings, Hyundai Steel and Dongkuk Steel produced a total of 684,000 tons for February, which dropped
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Korea’s EAD mills strengthen their scrap buying this year leading to the import thereof plunging almost 30 percent. According to Korea Iron and Steel Association, the February scrap metal import plummeted 26.5 percent over year totaling 145,000 tons. This accounts for the fourth successive month sli
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The iron ore prices touched the $100 level a ton in 3 weeks after a second consecutive week rally. According to Korea Trade and Industry Ministry, the iron ore price averaged during the first week of March $102.02 a ton on the 61 percent Fe concentrate cost & freight North China spot basis, adding $
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During January, the Japanese rebar use light steel bar sales volume totaled 428,000 tons domestically, down 11.4 percent over year, Japan institute representing carbon steel BOF mills said lately. This accounts for 20 months straight decrease, while being down 6.1 percent month over month, posting t
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SeAH Steel Holdings of Korea stated March 6 the 2025 sale revenue added 2.3 percent larger than a year ago resulting in 3 trillion and 759.6 billion won, while the consolidated operating income was down 2.7 percent to 205.8 billion won and net earnings also dropped 16.5 percent summing up to 97.8 bi
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This January Korean principal refined copper products came out a slight add in export but import thereof had a sharp surge focused on the cooper foil and sheet in particular, Korea International Trade Association statistics pointed out lately. The 5 main products of copper sheet, copper foil, copper