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The majority of domestic stainless industry people shares that the bullish stainless price is unlikely during September although certain international stainless mills are very aggressive to increase their September surcharges and export price hike alike. The September price raise is all the rage abr
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The rebar domestic prices turned downside lately but the stronger Korean currency against the US dollar is pushing for the imports thereof forward. According to the Korea Iron and Steel Association, rebar imports totaled 14,000 tons in August, surging 109.3 percent year over year, or 79.2 percent hi
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Generally softer US dollar propped up the major non-ferrous metal prices in the September 3 trading at LME ending at $14,359 for refined copper spot and $`4,275 on its three months goods, respectively and those for aluminum were $3,303 and $3,303.5 while zinc price was traded at $3,995.5 and $3,868
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Hyundai Steel and POSCO Holdings held jointly the Luisiana Steelworks groundbreaking ceremony on September 4 with 250 government officials and industry people including Korea Industry & Trade Minister Kim Jung Gwan and chairmen of both steel companies attended together. The Luisiana Steelworks const
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China domestic steel prices kept rising on the lofty raw material prices but showed lately to lose the momentum further closer to the weekend due to the lack of demand. According to Steelhome of China, the first week of September consists of 3,463 yuan on hot coil, 3,548 yuan on plate, 3,830 yuan on
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US Commerce Department released its final determination with respect to the urgent antidumping duties sunset review on the import of line pipe from Korea based on its discretion that the information from the mandatory respondents is not enough to process the review in question.According to the Korea
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China Steel industry is being rated to launch the expansionary steel stage again as the country’s largest crude steel herb, Hebei Province, came off in its steel PMI beyond the standard in 3 months. According to Hebei Metallurgy Industry Association, the province’s steel purchase management index cl
