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Korea’s tinplate export quantities turned out to decrease by 4.9 percent a year ago totaled 225,754 tons, Korea Iron and Steel Association released lately. Indonesia, Thailand and the US ranked first, second and third largest market for the Korean tinplate exporters. Export to Indonesia totaled 36,2
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The August export of steel mill products totaled 2.51 million tons, up 1.0 percent month on month, but downed 15.1 percent the previous year, Japan Iron and steel Federation said lately. The growth lied behind the slight increase of automotive production albeit the off-season, but the impact due to
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The special steel mbar price strength looms in the fourth quarter, as the raw material prices pushed back the finished product value. However, the domestic construction and heavy equipment markets are in danger to dip into the long term slump although they bring in the major cash-cow for the special
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Domestic price on the hot rolled sheet hovered lately around 1,250,000 won a ton on the supply chain. According to the industry sources, the fourth week of September marked the level between 1,250,000 won and 1,200,000 won a ton subject to the offers from distributors, The import response grade was
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Hard steel cold drawn wire rod sales quantities continued falling until August this year, totaling 36,500 tons in August, down 7.4 percent month to month, or 11.7 percent a year ago, under the survey carried out by S&M Media on the six major wired rod producers including Kiswire, Manho Steel, Dongil
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The deformed steel bar basic price was escalated by 26,000 won or so a ton over the October shipment, recovering after a four consecutive months slide. Applied to the risen portion available next month the basic price will be set at 921,000 won a ton on the SD400 D10 grade basis. In October, the def
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Korea’s stainless hot rolled sheet import plunged down to two thirds a year ago in the period January to August, while the supply is expected to become tighter in the final quarter. According to the Korea Iron and Steel Association, the stainless hot rolled strip import totaled 136,107 tons in the f
