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South Korean EAF steelmakers, respond to deteriorated quality of Japanese scraps
South Korean EAF steelmakers are set to respond to the deterioration in the quality of Japanese steel scraps. Shin Kwan-sup, head of the Steel Scrap Committee
2019-09-18 07:30
Focus Impact of Indonesian government´s ban on nickel raw ore exports
The Indonesian government has rolled out its ban on nickel raw ore exports earlier than originally scheduled. Director for coal and mineral affairs of the Ene
2019-09-09 11:48
[9-1 KSSP] Declined slightly led the drop in Seoul metropolitan area
This week, KSSP, Korea´s only steel scrap price index, fell slightly led by the decline in purchase price of EAF steelmakers in the Seoul metropolitan area.
2019-09-06 16:33
Despite end-of-month effect, scrap inventory remained largely unchanged this week
Despite the end-of-month effect, the steel scrap inventory of the seven major steel makers has not changed much this week. The scrap inventory of the seven ma
2019-09-06 13:23
Goldman Sachs, ´Nickel price to reach USD20,000 in three months´
Goldman Sachs predicted nickel price to reach USD20,000 in three months. Goldman Sachs predicted that the price of nickel will reach USD20,000 per ton in thre
2019-09-04 13:34
Rumors about Environment Ministry´s regulation on Japanese scrap imports
The rumors that the South Korean Environment Ministry is considering regulating imports of Japanese steel scraps seems to be different from the truth. News th
2019-09-04 13:32
Will billet price drop further?
Billet prices are plummeting around the world. The offer price of the Indian billet, which will arrive in October, dropped to USD420 (CFR Southeast Asia, for
2019-08-30 11:38
Issue Indonesian industries, divided over the ban on nickel ore exp
Indonesian Mining Association and the nickel pig iron industry are divided over the Indonesian government´s deadline for a ban on nickel ore exports. While t
2019-08-30 10:29
POSCO, to extend special purchases of scraps
POSCO has decided to extend its special purchase of steel scraps, which it originally planned to stop on August 28. POSCO announced on the 20th that it will s
2019-08-29 13:21
Steelmakers’ scrap inventory increased in six weeks
Steelmakers’ scrap inventory increased in six weeks. The seven major steelmaker’s inventory on August 26 came to 918,000 tons, up 5.2% or 45,000 tons from t
2019-08-29 06:51
Sales price of rebar in Sep
South Korean steelmakers are likely either freeze or slightly increase their rebar sales price in September. Although scrap prices fluctuated in August, but t
2019-08-27 14:14
[8-3 KSSP] KSSP showed mixed results depending on region
Last week, KSSP, Korea´s only steel scrap price index, showed mixed results in the Seoul metropolitan area and the southern region. KSSP increased in the Seo
2019-08-22 14:29
SeAH Changwon Integrated Special Steel, to make special purchses until 24th
SeAH Changwon Integrated Special Steel has announced that it will begin special purchases. The steelmakers decided to raise the purchase price of Saengcheol B
2019-08-21 11:32
Hyundai Steel, raised scrap purchase prices at Incheon and Dangjin mill
Hyundai Steel has raised the purchase price of steel scraps at its Incheon plant and Dangjin steel mill. Hyundai Steel has decided to increase its purchase by
2019-08-20 05:36
POSCO Pohang Steel Mill, to stop purchasing scraps temporarily
POSCO Pohang Steel Mill decided to temporarily suspend the purchase of steel scraps. POSCO Pohang Steel Mill decided not to make purchases across all grades o
2019-08-15 07:12
 
 
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MOST VIEWED >
1 South Korean EAF steelmakers, respond to deteriorated quality of Japanese scraps
2 Share of Chinese HR imports in the distribution market, down significantly
3 [ASF 2019] ´South Korean steel industry, to struggle next year´···Korea Iron & Steel
4 [Aug sales] KG Dongbu Steel posted sluggish sales of CR coated flat products
5 Husco sold its first plant in mid-June.
6 Chinese H-beam imports, expected to decline in 4Q
7 [ASF 2019] 'Steel consumption in ASEAN to grow this year'···secretary general of SEAISI
 
Interview
The future of automotive steel plates is still ´iron´ ···
Park Hyung-keun, a senior researcher at POSRI
Korea Steel Scrap Price News >
[9-1 KSSP] Declined slightly led the drop in Seoul metro
[8-3 KSSP] KSSP showed mixed results depending on region
[8-1 KSSP] KSSP declined slightly in the 1st week of Aug
[7-2 KSSP] KSSP continued to fall for the fifth consecut
 
Latest News >
[ASF 2019] ´Steel consumption in ASEAN to grow thi
[ASF 2019] ´South Korean steel industry, to struggle ne
Chinese H-beam imports, expected to decline in 4Q
[Aug sales] KG Dongbu Steel posted sluggish sales of CR
Husco sold its first plant in mid-June.
 
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