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POSCO Holdings stated that the steel scrap bidding would be cut by 10,000 won a ton on the entire scrap grades except shelves pressed scrap which are supposed to be purchased at the Kwangyang Steelworks beginning September 1, while cutting 5,000 won a ton for the light pressed one, the company offic
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POSCO Holdings’ workers turned out to prepare for strikes on deck including upgrading their demand for payoffs to ward off a pay cut which may come up with those who are participating in strikes partially forward. If the union goes on strike any frustrating output may come out, industry sources fami
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World crude steel production scaled back showing the lowest following the first two months figures this year as China cut its output although other regions climbed higher than a year ago. According to World Steel Association, the global raw steel output was down 0.3 percent in July a year ago to 149
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Korea’s steel mill products based exports turned out to early August make a significant stride close to 10 percent higher than a year ago while the country’s entire export performance rocketed as well centering semiconductors, Korea Customs Service released lately.During the period August 1 through
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According to the survey carried out by the S&M Media on the 6 major hard steel wire rod producers consisted of Kiswire, Manho Steel, Dongil Steel, DSR Steel, Youngheung and Chungwoo Steel, their combined sales volume totaled 28,042 tons in June decreasing 2.8 percent over the year ago month of 30,98
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US International Trade Commission(ITC) released its final decision to continue imposing antidumping duties as they used on the light welled rectangular steel pipe and tubes imported from Korea in accordance with the affirmative review thereupon, stating that the rescindment of antidumping duty order
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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
