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Korean stainless market as well as consuming industries begin to address the price increase taken by domestic stainless mills over the June supply whereas concerns grow over the second half potential of the price shifts. Notwithstanding, distributors as well as real end-users are expected to get dow
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Korea’s plate prices showed upsides over the final week of June, while the market is taking sides to accept the price increase domestic plate mills adjusted lately. According to industry sources, domestic prices for plate(SS400) are traded at more or less than 990,000 won per ton on distribution cha
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Korea’s exports of energy pipe and tubes slightly declined in May year on year, although US oil rigs accelerated and primary steel material price climbed. According to Korea Iron and Steel Association, Korea’s energy steel pipe and tubes including oil country tublar goods and line pipe sent a total
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Over the fourth week rebar distribution prices slid 10,000 won over week trading at 850,000~860,000 won a ton on the 10mm SD400 model, accounting for a two weeks downside. Prior to this, the prices slipped 10,000 won week on week, turning downward firstly since the start of the year, leaning to the
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Korea exports of zinc and lead continued rally on the extending consumption in Asia including India, China and Vietnam particularly. Their net exports surplus added amid the siding imports year to date while the exports are expected to improve for a while heading Asia market. Zinc exports above all
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China domestic prices for steel continued downward even this week, pulling down 35 yuan on hot coil traded at 3,433 yuan and 30 yuan lower on plate which sold at 3,440 yuan per ton respectively over fourth week. CR and hot dip GI prices were traded at 3,810 yuan slid 18 yuan and 4,130 yuan downed 8
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Australia Government initiated newly the antidumping investigations on the import of galvanized sheet having thickness not less than 0.3 mm but not more than 3.5 mm while excluding electrolytic galvanized sheet, aluminum zinc coated sheets having more than 50 percent of aluminum weight, painted shee
