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The Chinese steel mill product based exports advanced last month too, totaling 10.155 million tons in August, adding 6.8 percent over year but posting 3 months streak to surpass 10.0 million tons each month over the past 4 months. This was come from the recovery of order intakes in July which were s
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Korea Finance and Economy Ministry released September 11 antidumping duties on the import of seamless copper pipe and tubes from Thailand which come into effect immediately over 5 years next as the dumping practices are confirmed of direct causal relationship with the material injury to the domestic
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Hot coil sale volume came out to largely exceed this August that conducted last year at home, surging as much as 20 percent to 630,000 tons, while posting the level of more than 600,000 tons 6 months past since this March. However, export demand dipped 27.3 percent year on year to 320,000 tons, as a
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The LME trading ended on September 8 at $14,737 for the reined spot and $14,705 for its three months goods, while aluminum at $3,325 for spot and $3,319 for 3-month goods and zinc at $4,110 and $4,004 a ton respectively. The trades for lead were $1,859 for spot and $1,906 for three months, nickel at
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According to the Korea Iron and Steel Association forecast, the Korean CHQ wire rod production and sales volume increased 8.7 percent each totaling 336,585 tons and 324,314 tons over the first half of the year, while domestic shipment and export demand as well added 7.0 percent and 32.9 percent to 2
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The LME trading on September 4 ended at $14,371 on the refined copper spot and $14,365 on the three months, while conducting at $3,292.5 on aluminum spot and $3,293 on its three months goods, and for zinc at $4,087 and $$3,930 each. Lead prices were $1,817 and $1,914, nickel at $16,690 and $16,845,
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The continuing slide of distribution prices do not seem to affect domestic rebar mills to return to the 60 percent capacity utilization rate accompanied by the beginning of the seasonality boom. According to industry sources, the 8 first largest EAF mills dealing rebar products recovered the average
