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Japanese HR imports, growing sharply
As the influx of Japanese HR imports continue for the time being, raising concern among steelmakers on whether how to cope with the already reduced demand. An
2020-04-27 11:18
Japanese suppliers´ scrap offer prices, continue increasing
Japanese suppliers´ scrap offer prices continue to be strong. A Japanese supplier said, "Recently, the offer price has increased to JPY25,000 per ton based on H2 CFR". In the case of H2 FOB, the offer price has rise
2020-04-24 17:59
Construction companies, complaining about lack of rebar inventory
Construction companies are complaining about lack of rebar inventory.An official from a construction company said, "It is very rare to receive all the supplie
2020-04-24 09:26
Predict Scrap distributors, ´Scrap prices, the cheapest now...´
There is a prevailing view that the scrap market has hit the bottom. Scrap distributors recognize that the price is ‘the cheapest now’. However, each distri
2020-04-24 07:49
Low-priced steel plate imports, likely to expand further
In the first quarter, both exports and imports of steel plates fell from last year. According to the import and export data compiled by the Korea Iron and Ste
2020-04-23 11:37
H-beam imports, surging in Apr
H-beam imports are surging. The monthly volume of imports until the mid-April hit the largest in 10 months.According to the latest provisional customs data, a
2020-04-23 11:35
Domestic demand for HR, relatively robust in 1Q
Despite concerns over a drop in demand following the Covid-19 outbreak since late January, domestic hot-rolled(HR) production and sales did not drop significa
2020-04-22 17:45
Rebar makers, "Demand for rebars in May, similar to that in Apr"
Rebar makers are expecting that demand for rebars will be largely unchaged from April in May. Seven major steelmakers expect that the demand for rebars will b
2020-04-22 17:09
Both exports and exports of GI declined YoY in 1Q
In the first quarter of this year, both exports and exports of galvanized steel(GI) decreased compared to the same period a year earlier. In terms of the scop
2020-04-22 17:09
Domestic home appliance industry, having a tough April
The home appliance industry is having a tough April. As the U.S. and European markets, major export destinations, are under lock-down orders amid the Covid-19
2020-04-22 12:53
STS HR imports, surged to around 50,000 tons in Mar
Stainless steel(STS) hot-rolled(HR) imports surged to around 50,000 tons. It is the first time since May 2018 that HR imports have increased to more than 50,0
2020-04-21 14:02
Rebar imports slowed down in the mid-April
Rebar imports, which rose in the early April, is slowing down.According to the latest provisional customs data, 14,505 tons of rebars were imported through Ap
2020-04-21 11:55
New contracts for rebar imports, expected to increase by up to 40,000 tons
New contracts for rebar imports are expected to increase by up to 40,000 tons.According to the import distribution industry, of the new contracts, import cont
2020-04-20 16:02
(4-3 North American rig counts ) Continue to decline for 9th consecutive week
North American rig counts recorded a decline last week, continuing their decline for the ninth consecutive week. As of April 17, U.S. rig counts reached 529, down 12.1% from the previous week and 47.7% from the previ
2020-04-20 11:55
A huge volume of scraps, waiting to enter the ports in S.Korea
Scrap imports are at high levels at each port. Considering the production cut by major steelmakers and depreciation of the Korean won, the large volume of imp
2020-04-18 09:21
 
 
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MOST VIEWED >
1 Japanese suppliers´ scrap offer prices, continue increasing
2 Japanese HR imports, growing sharply
3 Construction companies, complaining about lack of rebar inventory
4 Scrap distributors, ´Scrap prices, the cheapest now...´
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Interview
Steel industry in 2019 – Kim Young-joong, senior vice president of marketing strategy at POSCO
Korea Steel Scrap Price News >
[4-3 KSSP] KSSP fell led by the decline in the price of
[3-4 KSSP] Declined both in the Seoul metropolitan area
[2-3 KSSP] Scrap prices fell for the fifth week
[1-5 KSSP] KSSP weak in the metropliotan area · flat in
 
Latest News >
Japanese HR imports, growing sharply
Japanese suppliers´ scrap offer prices, continue increa
Construction companies, complaining about lack of rebar
Low-priced steel plate imports, likely to expand further
H-beam imports, surging in Apr
 
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