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Korea’s rebar consumption looms staying at the middle of 6.0 million tons this year on the delaying recovery of construction activities, while weighing on the shipment overseas. According to the Korea Iron and Steel Association statistics released out lately, rebar production was up 8.8 percent to 3
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Domestic stainless prices are being frustrated lately as the downward pressures heighten with the stalling demand and the softer nickel price and foreign exchange rate combining. According to industry sources, domestic stainless mills are known to remain muted over their August shipment making allow
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China steel domestic prices keeps sliding lately on the major 6 product forms amid the increasing stock levels to the contrary. According to analysis provided by China Steelhome, the first week of August showed steel prices on average to slide by 4 yuan less and 26 yuan steepest with hot coil at 3,3
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First half of the year exports eased in refined copper products but the imports thereof featured out to increase to the contrary in Korea. According to the statistics released by the Korea International Trade Association, Korea’s first half of the year exports of copper sheets inched 2.2 percent hig
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POSCO Holdings nullified auto sheet license lawsuits alleged by rivals concerning Hot Press Forming technology in US and China, moving out to aggressively protecting its owned exclusive privileges and the global competition in this respect is changing to get out of ArcelorMittal’s dominance to date.
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Korea Zinc achieved a record breaking results in the first half of the year on the consolidated basis, delivering 12 trillion and 445 billion won revenue and 1 trillion 333 billion won operating income, which made great strides of 62.5 percent and 151.5 percent larger over the year ago half. This al
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US Commerce Department released August 3 the annual review outcome with respect the preliminary antidumping duties and countervailing ones on the import of carbon and alloy steel cut to length plate from Korea, finding out 0.60 percent dumping margins preliminarily on POSCO Holdings and 1.14 percent
