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Domestic aluminum flat products producers increased their sale price over August across the board. In July, LME aluminum value and foreign exchange rate strengthened together, escalating the aluminum flat prices higher. For instance, Choil Aluminum increased 120,000 won per ton for the 0.3mm foil al
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Domestic electrode import continues rising with the strong demand for EAF routed steel products. In June, electrode import surged all but 80 percent a year ago, and the first half number also increased more than 15 percent. According to the industry, the June electrode import quantities added 14.8 p
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POSCO increased its stainless shipment price by 100,000 won per ton on the 300 series and 100,000 won per ton for the 400 series respectively for the August delivery. The increases are said to place at the minimum level considering the market conditions that feed into the gloval raw material price s
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The August SBHI was down 5.3p a month ago to 73.6 as a result of the survey conducted by the Korea Small and Medium Business Federation on the 3,150 small and medium enterprises nationwide for the period July 15 through 22. This represents a consecutive slippage over the past three months of June(80
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The EGI shortages are arising all across the world while domestic short supply for the electrolytic galvanized sheet is signifying of late. The sales volume however is turning down as the robust demand for construction materials as well as putting into the pre-coated sheet production lines are incre
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There was a lot of rumors that Chinese Government will take place export tariffs on specialty steel bar products, but many say the implementation will be postponed to early September. Some of domestic distributors managed to import Chinese materials with the higher offers that stayed at the high lev
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Domestic stainless distributors are paying attention to the moves after the final antidumping duties by the Korea Trade Commission. The industry prevails on the August price increase on the shipment basis. Distributors conceived with the consecutive hikes on the imported quantities from Taiwan and I
