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Korea’s hot rolled coil distribution prices are on the ongoing drives, although apparently taking a breather after a short term rally between March and April. According to industry sources, the current hot coil domestic price stays at around the middle or higher end of 900,000 won level a ton among
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Korea’s cold rolled flat product consumption at home and internationally are on the rise entering the recovery stage paving the way to improve forward. According to the survey carried out by S&M Media, domestic shipment for cold rolled coated steel sheet products totaled 475,000 tons around in April
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POSCO Holdings is decreasing lately its stainless production on apparently the launched customizing output and sale system as well as because of the rising costs. According to the quarterly net earnings released May 15, the company’s first quarter output for stainless totaled 657,000 tons which has
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China’s stainless steel exports and imports data cleared out their quantities shipped in the first quarter, with exports plunged but imports surged to the contrary, TISCO quoted. According to the excerpts quoted by China Iron and Steel Association lately, first quarter stainless imports totaled 16.7
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Korea’s plate market is flowing towards domestic demand in focus with April scaled back but supply edging higher on the contrary. Domestic plate consumption year to date posted a high since 2023, encouraging sales volume of domestic product. According to the research conducted by S&M Media, domestic
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China’s largest steel mill, Baoshan Steel, has taken at last to increase its domestic prices on the 16 products as of May 11, and new price tags will be 100 yuan higher a ton for the June shipment which applies to hot coil, plate, CR, GI, EGI, aluminum-zinc-magnesium coated sheet, high content alumi
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Korea stainless steel mills got off the ground to materialize the sale price heading distributors at home which seems to dodge the cost push burden which has been piling since the start of the year. According to industry sources, domestic stainless mills including POSCO Holdings handed out to increa
