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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
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With the serious off-seasonal demand, Korean rebar capacity utilization is likely to post a 50 percent range while many of EAF mills are scheduled to undergo maintenance programs in the summer. According to industry sources, the first 8 rebar mills consisting of Hyundai Steel, Dongkuk Steel, Daehan
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Korea’s stainless rolling mill, Hyundai BNG Steel, succeeded in making a significant stride in second quarter revenue, alongside higher profitability as well. Hyundai BNG Steel reported second quarter consolidated result in 202.7 billion won revenue, 7.6 percent bigger than the year ago quarter. The
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Hyundai Steel released August 3 second quarter consolidated 6 trillion and 107.3 billion won in revenue, 57.7 billion won in profit and 12.1 billion won net earnings respectively, and especially net earnings made a stride to turn into the black in a quarter. The revenue was up 6.4 percent on the lon
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In July a little adjusted international refined copper prices and the softer Korean currency against the US dollar made Korean domestic price take a downside entering August. That said, supply fears over the global depleting stocks and world mines’ frustration are still poised to pull up on the mid-
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Japan Treasury Ministry Statistics released lately a total of 3,537,000 tons ferrous metal scrap exports during the first 6 months this year, sliding 7.4 percent year on year. This accounts for a 9.8 percent quarter over quarter decrease too. The average was 589,000 tons each month estimating a tota
