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Low-priced Chinese rebars, growing threat to Korean rebar makers
The hot issue in the Korean steel rebar market this winter is expected to be Chinese imports.Low-priced Chinese rebars are expected to come into Korea from la
2018-12-19 15:42
[Nov sales] HR sales in Nov, the lowest in 2H
Korean hot-rolled(HR) makers posted the lowest sales number of the second half in November. A combination of factors such as sluggish domestic demand, worseni
2018-12-19 15:23
[Nov Sales] POSCO´s sales of CR coated flat products rose YoY
POSCO´s sales of cold-rolled(CR) coated flat products this year are expected to rise slightly from last year, as domestic sales offset the decline in exports
2018-12-18 15:36
HR roll margin, hit the lowest of the year...blast furnaces´ profits declining
Hot-rolled (HR) coil roll margin of South Korean blast furnaces has hit the lowest of the year. It is predicted that the cost burden of blast furnaces will co
2018-12-18 15:04
Korean scrap inventories fell below 1 million tons in 13 weeks
Scrap inventories held by seven major EAF mills fell below 1 million tons in 13 weeks. Scrap inventories of seven EAF mills fell dropped 5.4% or 55,000 tons w
2018-12-18 13:31
International coking coal price, hit a record high again
International coking coal price has hit a record high again. It is expected that a tight supply could push up the price further in the short term.According to
2018-12-18 11:27
Interview “Set a foundation for coexistence and development”...KOSIA Chairman
Korean scrap market was hotter in for 2018 than ever. SteelDaily met Lim Soon-tae, chairman of the Korea Steel Scrap Industry Association(KOSIA), and looked b
2018-12-17 15:39
Hyundai Steel is considering counteractions for imported H-Beam.
Hyundai Steel is considering whether to respond to H-Beam imports. "It seems that imports of H-Beam are increasing. We are also considering whether to respond
2018-12-17 09:18
Rising coking coal prices, adding to the burden of blast furnaces
Due to the sharp rise in international coking coal prices, the manufacturing costs of Korean blast furnaces are likely to increase in the first quarter of nex
2018-12-14 15:50
EAF mills in the Seoul metropolitan area, to cut scrap purchase price
It is expected that EAF mills in the Seoul metropolitan area will further cut the purchase price of scraps next week. Officials at designated scrap suppliers said, "In a recent negotiation, EAF mills suggested the po
2018-12-14 14:46
Both exports and imports of EGI, increased this year
Both exports and imports of electro galvanized steel(EGI) increased this year. According to a recent survey conducted by the Korea Iron & Steel Association,
2018-12-14 14:29
Both export and import of tin plates fell this year
Both exports and imports of tin plates declined this year compared to the same period last year. According to a recent survey conducted by the Korea Iron & St
2018-12-14 14:26
Hyundai Steel reshuffle executives...signaling a drastic change
Hyundai Motor Group (HMG) made sweeping changes among group executives on December 12. The move has been widely expected following the promotion of Chung Eui-
2018-12-14 13:13
Hyundai Steel, contracted for 45,000 tons of U.S. scrap at USD325
Import prices of scraps from the U.S. have fallen again. Hyundai Steel signed a contract with Sims Metal for 45,000 tons of U.S. scraps at USD325 (HMS No.1) o
2018-12-13 16:34
Korean STS industry, adjusting inventory at year´s end
Korean steel stainless(STS) industry has already started adjusting their inventories by controlling purchases at year´s end. STS companies have started to ad
2018-12-13 16:24
 
 
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MOST VIEWED >
1 “Set a foundation for coexistence and development”...KOSIA Chairman
2 Chinese steel prices, to drop 10% in 2019
3 International coking coal price, hit a record high again
4 Import price of Turkish scraps, fell below USD300
5 Hyundai Steel is considering counteractions for imported H-Beam.
6 [Nov Sales] POSCO´s sales of CR coated flat products rose YoY
7 Mysteel, ´China´s steel market prospect for 2019´
 
Interview
“Set a foundation for coexistence and development”...KOSIA Chairman
Korea Steel Scrap Price News >
[11-2 KSSP] KSSP plunged in the metropolitan area
[11-1 KSSP] Scrap purchase price remained weak...expecte
[10-5 KSSP] Scrap price fell both in metropolitan and i
[10-3 KSSP] Divergence in the scrap market, to continue
 
Latest News >
Low-priced Chinese rebars, growing threat to Korean reba
Korea´s imports of Chinese steel, to decrease 35% in ´
[Nov sales] HR sales in Nov, the lowest in 2H
Mysteel, ´China´s steel market prospect for 2019´
[Nov Sales] POSCO´s sales of CR coated flat products ro
 
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