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POSCO Holdings made a decision to increase its stainless shipment price over February heading into distributors at home as expected earlier setting by 200,000 won a ton higher than a month ago. As per survey conducted by the S&M Media, POSCO Holdings raised the stainless 300 series shipment price by
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Hot coil prices a little bounced in China entering the new year but remained standstill without sort of a definite direction. They recovered a bit but the momentum lacks still on the continuing stalling demand and inflating stocks, industry people said. According to the industry sources, the hot coi
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The iron ore prices kept sliding entering this year while coal price fell the first time as well. According to Korea Ministry of Trade and Industry, the iron ore price was $103.35 a ton on average for the fourth week of January on the 61% Fe cost & freight North China spot basis, sliding $0.51 over
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Aluminum flat prices increased for February in Korea, while Choil Aluminum and Novelis Korea reset their domestic prices adjusting 380,000 won a ton higher in company with the robust LME aluminum spot price posted $2,875.45 a ton for the December last year trading followed by $3,184.4 a ton in Janua
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Korea’s zinc refineries notified of their domestic price increase over the February delivery apparently tied with the LME zinc price boost for January. Korea Zinc and Youngpoong both released their domestic price set at 5,231,000 won a ton for the February shipment, rising 54,000 won a ton over mont
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Korea’s refined copper price renewed highs for February in tandem with the risen LME trading on average in January. The prices broke 15 million won level in November last year rallying to 16 million won in December and 17 million won range in January again, finally kicking off the 19 million won lev
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China prices in steel continues downsides lately, with 6 major steel forms trading at: 3,360 yuan on hot coil, 3,300 yuan on plate, 3,760 yuan on CR, 4,010 yuan on hot dip galvanized sheet, 3,340 yuan on rebar and 3,260 yuan on H-beam respectively on the January 29 trading. The price trend for hot c
