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As per the analysis conducted by the S&M Media from the excepts released in public, the 5 big specialty steel companies consisted of SeAH Besteel, SeAH Changwon Special Steel, Dongil Industries, Kwangjin Enterprises and Dongil Steelux, their entire sale revenue for the first half of the year was 2 t
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Distribution prices fell across the board for domestic hot rolled steel flat products throughout the third consecutive week this month, but the demand remains still muted even though stocks pile up. According to industry source, domestic hot coil prices stay at around 950,000 won around a ton in the
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First of all, rebar prices continued edging lower 2 weeks streak lately, coming up and down around 850,000~860,000 won a ton for the 10mm SD400 model throughout third week of August at home. This is a series of weakness persisted since early August to slip 10,000 won a ton sounding little chances to
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The first 3 largest aluminum refineries saw a decrease in their July sale volumes compared the year ago month due to the dropped export demand and therefore their integrated sales volume totaled 77,990 tons, a 2.4 percent drop from 79,871 tons sold last year, S&M Media reported. Of which domestic sh
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Korea Finance & Economy Minister pushes for the highest of 8.41 percent antidumping duties against the import of copper seamless pipe from Thailand, industry sources delivered. In this connection, Korea Government issues the preliminary notice on August 21 to put antidumping duties on the subject pr
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China’s export price for hot coil slid last week too trading at $481 free on board Tianjin on the 3mm thick SS400 ordinary steel grade on August 18, Mysteel of China delivered. This was down $2 a ton week over week, a second consecutive week slippage. Last week was more or less than $485 free on boa
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The Chinese raw steel production scaled back again in a month compared to the year ago notches which shall be largely discouraged by the stalling construction activities and investment therein. According to China National Bureau of Statistics, the country’s crude steel production was down in July ye
