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Domestic stainless market is watching the direction for the June price shift, while participants disagree as to whether the prices are peaking out or the stainless rally sparked by the nickel shortage across the world will remain available at home ahead. The hot issue is where the June price is goin
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Korea stainless flat product makers turned out to bear more cost push burden during the first quarter although they could amplify production. According to the survey conducted by S&M Media, 5 big stainless flat product manufacturers consisted of Hyundai BNG Steel, Cenit, Daeyang Metal, Hwanggum ST a
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World Steel Association released out its statistics lately pointing to the global crude steel output was down 1.9 percent year on year in April at 153.4 million tons. The figures accounted for the 8-month consecutive slide since August 2025 reported 0.3 percent higher. The comparison based on the fi
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Iron ore prices turned to a downside again stepping back by $4.23 from the yearly peak underperforming $110.15 a ton just in a week, over the third week of May on the 61 percent Fe cost & freight northern China spot trading. The falling pace was the steepest week on week since the start of the year.
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Domestic plate market will probably steady continuing rally in price even in the second half of the year, while demand keeps strong in the shipbuilding and industrial projects alike. The plate price is leaning to remain for a while at the level of 1,000,000 won a ton on distribution channels, indust
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Domestic rebar price inched 10,000 won higher over the third week of May trading at 850,000~860,000 won per ton, taking off again after 2 week’s absence. The market price continued rising 2 weeks streak till first week but showed sort of taming entering the second week having alert for the peak whic
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Although domestic demand for special steel bar is just on the verge of rebound and the price has the tailwinds for the momentum after entering the second quarter import surges and consequently decoupling with the consuming industry are standing the way of the special steel bar industry’s recovery. A
