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  • Copper Foil Imports Surge yet Copper Pipe Exports Plunge 

    In the first quarter, Korea’s refined copper products consisted of copper flat, copper foil, copper bar, copper wire and copper pipe showed their exports down but imports soared on the contrary, with the exports totaling 62,018 tons which dropped 3.1 percent year on year and imports surged 11.1 perc

  • Rebar Base Price Halts over May Addressing Middle East Incident

    Korea’s rebar domestic price guidelines suspended in 3 months, freezing at the base price of 949,000 won a ton on the 10mm SD400 model over the May shipment, industry sources delivered. The standstill comes in 3 months after two months increase streak since this March. This has the backdrop that the

  • POSCO Kwangayng Works Counts Down to EAF Operation 

    POSCO Kwangayng Works enters hot testing(high temperature testing operation) around late May, starting to count down to its commercial operation indeed. According to steel industry sources, POSCO Holdings is reportedly determined to internally begin the testing schedule for its electric arc furnace

  • POSCO Resets Scrap Bid Target Further Higher 

    POSCO Holdings moves out to additionally increase its scrap bidding terms adjusting higher by 15,000 won on raw scrap and 10,000 won on heavy melting, shredded and shelved scrap at its two steel works based in Pohang and Kwangyang. This additional hike comes in a week, following the 15,000 won hike

  • Stainless HR Exports Slip vs. Imports Add

    Domestic stainless hot coil exports and imports showed the opposition with each other in the direction ahead amid the continuing volatilities of raw material price and mounting uncertainty globally. According to Kore iron and Steel Association, the first quarter this year was a total of 126,018 tons

  • Iron Ore Price Marks Upside in 5 Weeks on Need Growth 

    The iron ore price climbed slightly halting weakness lasted a matter of weeks. According to Korea Trade and Industry Ministry, the iron ore price was traded at $107.81 a ton on average in the fourth week of April on the 61% Fe cost & freight North China spot basis. This accounts for a $1.65 a ton hi

  • OCTG Exports Climb in the 1st Quarter on the Rising Crude Oil Price 

    Korea’s oil country tublar goods exports turned out to add in the first quarter seeing a 7.6 percent year on year climb to 102,431 tons from 95,201 tons a year ago. The industry achieved the export improvement despite import restraint measures in the main export markets including the US and Canada,

Steel Material Intermediary Trading Service Expanding 'Steelboso' Steel Material Items and Updates the Notification of Available Materials!
Steel Material Intermediary Trading Service Expanding 'Steelboso' Steel Material Items and Updates the Notification of Available Materials!
Korea’s 2024 Steel Demand is to Slightly Up 
Korea’s 2024 Steel Demand is to Slightly Up 
POSCO Int’l Completes EV Driving Motor Core Plant in Mexico
POSCO Int’l Completes EV Driving Motor Core Plant in Mexico
Worldsteel Chairman Choi Urges Global Steel Leaders to Cooperate in Net Zero Technology Development
Worldsteel Chairman Choi Urges Global Steel Leaders to Cooperate in Net Zero Technology Development
SMK2023 Highlight: POSCO Catches Eyes to Greenate Steel 
SMK2023 Highlight: POSCO Catches Eyes to Greenate Steel 
Analysis
  • Stainless HR Exports Slip vs. Imports Add
  • Ferro Alloy Import Keeps Rising to Pose Threat to Domestic Industry 
Top 10 Stories
  • 1
    Copper Foil Imports Surge yet Copper Pipe Exports Plunge 
  • 2
    Rebar Base Price Halts over May Addressing Middle East Incident
  • 3
    POSCO Works Hand in Hand with US-based Electra to Demonstrate Low Carbon Steel Output Target
  • 4
    POSCO Kwangayng Works Counts Down to EAF Operation 
  • 5
    Castings and Forgings Trade Volume Fades in the 1st Quarter 
  • 6
    World Raw Steel Output Drags on while Middle East largely Discourages 
  • 7
    POSCO Resets Scrap Bid Target Further Higher 
  • Castings and Forgings Trade Volume Fades in the 1st Quarter 
  • Wire Rod Import Surges Intriguing Price to Climb
  • POSCO Future-M Accelerates Vietnam Investment Aiming the 2028 Operation 
  • India is Sticky to Raw Steel Capacity Add Increasing Steel Exports 3-fold 
  • Construction Sentiment for March Business Rebounds in 3 months
  • Shipbuilding Order Intakes Completed 30% of the Goal Bookings 
  • China’s Shipbuilding Order Treads Water While Korea Advances 
  • April SMEs Business Health Index inched 1.7p Lower m-o-m
  • Korea Sets up Private Cooperation Dialogue with India 
  • Feb. Automobile Export Tops Historically in Focus on Eco-friendly Models 
Headline News
  • POSCO Works Hand in Hand with US-based Electra to Demonstrate Low Carbon Steel Output Target
  • World Raw Steel Output Drags on while Middle East largely Discourages 
  • US Commerce Sustains AD Order on Korea NO Electrical Steel 
  • Hats Off to POSCO Holdings Having Gone Global into India 
  • Steel Demand Begins Back on Track as Developed Countries Recover: WSA 
Steel&Metal News
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