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Turkey’s steel export continued improving and steel import as well marked a record high too. According to the Turkish steel producers association(TCUD), the country’s steel export totaled 15.1 million tons last year, improving 12.5 percent or two years growth straight. The steel import was also the
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According to the survey carried out by the S&M Media on the 6 wire rod producers(Kiswire, Manho Steel, Dongil Steel, DSR Steel, Youngheung and Chungwoo Steel), the December-2025 hard steel wire rod sales volume totaled 33,952 tons, improving 6.8 percent from January of 31,779 tons but inched down 1.
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Korea’s rebar steel mills are forced to halve the capacity utilization rate over the second successive month just ahead of the coming Lunar New Year Holiday break coupled with the wintry off-season. According to industry sources, Korea’s 8 major rebar mills comprised of Hyundai Steel, Dongkuk Steel,
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POSCO Holdings made a decision to increase its stainless shipment price over February heading into distributors at home as expected earlier setting by 200,000 won a ton higher than a month ago. As per survey conducted by the S&M Media, POSCO Holdings raised the stainless 300 series shipment price by
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Hot coil prices a little bounced in China entering the new year but remained standstill without sort of a definite direction. They recovered a bit but the momentum lacks still on the continuing stalling demand and inflating stocks, industry people said. According to the industry sources, the hot coi
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The iron ore prices kept sliding entering this year while coal price fell the first time as well. According to Korea Ministry of Trade and Industry, the iron ore price was $103.35 a ton on average for the fourth week of January on the 61% Fe cost & freight North China spot basis, sliding $0.51 over
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Aluminum flat prices increased for February in Korea, while Choil Aluminum and Novelis Korea reset their domestic prices adjusting 380,000 won a ton higher in company with the robust LME aluminum spot price posted $2,875.45 a ton for the December last year trading followed by $3,184.4 a ton in Janua
