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Domestic refined copper price posted firstly last month 19 million won a ton entered into the steadiness beginning March. The hike continued 5 months straight since November last year paused seeming to mount on the correction phase. For March, domestic refined copper sale price was corrected to 19,4
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On March 2 the LME trading for zinc ended at $3,354 for the spot and $3,368 for the three months goods respectively, while the price diverged on the mounting risks for the Middle East and consequently shortage fears. Korea’s Government Procurement Office released its zinc stocks at 5,520,000 won a t
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Korea’s aluminum flat product domestic price slipped in 8 months, while Choil Aluminum and Novelis Korea lowered their March sale price by 150,000 won cut at home and $10 cut for the local export trade which coincided with the LME trading which was $3,148.4 a ton in January and $3,065.35 in February
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Just ahead of the seasonality boost beginning March, domestic steel market launches rallies across the board spreading out hot coil as well as plate, CR, rebar and H-beam on which steel mills are very active to adjust upward. According to industry sources, it is clear rising trend in steel prices wi
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The LME trading for non-ferrous metal materials showed fall across the board but zinc alone for February, ending at $12,967.83 on refined copper, $3,066.35 on aluminum, $1,916.1 on lead, $17,132.75 on nickel, and $48,675 on tin, respectively while zinc alone rose $100.63 to $3,320 a ton. On the Febr
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SeAH Steel of Korea made a decision to increase stainless pipe price over March, while other pipe producers are seeming to take part in the pricing policy in tandem with the tailwinds in favor of stainless flat market and real end users alike. SeAH Steel sent the notice to its excusive agents that t
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Though the seasonality boost turns around the corner the unending construction constraint and import surges are enough to influence special steel bar producers to keep their sale price on hold on carbon and alloy steel products. The stalling construction as well as other sectors like heavy equipment
