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Firstly, domestic plate market continues robust on distribution channels, with the offering is somewhat tough on the market with the continuing growth for the project consumption. According to industry sources, the domestic SS400 model distribution price is forming around 970,000 won per ton based o
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On the June 16 LME trading for zinc spot and 3 months performed $3,550 and a43,571 per ton each, followed by $3,592 and $3,607 on June 17 and $3,565 and $3,577 on June 17 respectively. The global zinc fear is worried to amplify ahead as Cuba based Castellanos mine announced to pause zinc ore supply
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The LME tin price climbed lower on the fear of hike, profit taking and the stronger US dollar combined trading at $55,150 per ton on the June 16 day spot and $55,500 for the three months goods, respectively while staying at $55,400 and $53,455 on June 17 and $55,425 and $53,950 on June 18 each. The
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China domestic prices keep sliding in steel on the seasonality headwind. According to steel information platforms in China, the June 18 steel prices slipped 16 yuan a ton over week for the hot coil spot trading at 3,362 yuan on average, and rebar price was down as well 22 yuan to 3,288 yuan respecti
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Turkey Government made a final affirmative determination to put antidumping duties on the import of CR, GI and corrosion resistant sheets from Korea and China, which was released out June 16, while taking exceptions to the products having more than 1,620 mm in width that are used for the automotive
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Korea’s stainless CR indicators point to very good performance lately, irrespective of production and domestic consumption plus fading stock levels combined. According to the Korea Iron and Steel Association, the first 4 months totaled 298,728 tons stainless CR production adding 4.5 percent over yea
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Over the third quarter of the year is set at $569 a ton on the cost & freight terms which added $11 over quarter for the medium and light H-Beam which is arriving from China in accordance with the antidumping duties suspension agreement, industry sources delivered. This represents the adjustment in
