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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
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Hyundai Steel suggested an expansion of auto sheet sales volume to 7.7 million tons per year until 2032, shaping a clear mid- and long-term strategy to emerge as the global top-tier auto sheet supplier. According to the company, Hyundai Steel unveiled its Vision 2032 Roadmap aiming at the auto sheet
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First off, domestic shipbuilding sector keeps robust focusing on the high value added and eco-friendly order intakes promising the long time improvement ahead. For instance, the entire shipbuilding backlog orders piled at the 3 shipbuilders including HD Hyundai Heavy Industries, Hanwha Ocean and Sam
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The iron ore prices slipped lately four weeks streak trading at $101.05 per ton on average with a $2.14 week on week slide during the second week on the 61 percent concentrate cost & freight North China spot basis, Korea Trade and Industry Ministry released out. This accounts for a colling sentiment
