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Scrap inventory increased significantly this week
Scrap inventory held by South Korean seven EAF steelmakers has increased significantly. As of July 15th, the inventory held by the seven steelmakers stood at
2019-07-18 13:22
Hyundai Steel froze the import price of Japanese steel scraps
Hyundai Steel froze the import price of Japanese steel scraps in a long time. Hyundai Steel offered a bid price of JPY27,000 per ton(H2, FOB basis), which is
2019-07-16 21:55
[7-2 KSSP] KSSP continued to fall for the fifth consecutive week
The KSSP continued to fall for the fifth consecutive week. But the pace of decline slowed significantly. By region, the fall in the Seoul metropolitan area wa
2019-07-12 14:46
Scrap inventories stopped growing in three weeks
Scrap inventories of South Korean steelmakers stopped growing in three weeks. Scrap inventories held by seven EAF steelmakers (see table) this week came to 1,
2019-07-12 11:04
Three deep Sea cargoes, to arrive at the Seoul metropolitan area this week
It is expected that scrap distributors in the Seoul metropolitan area will find it more difficult to secure a market. Hyundai Steel and Dongkuk Steel is sched
2019-07-11 13:51
[7-1 KSSP] The pace of decline in steel scrap prices has accelerated
The pace of decline in steel scrap prices has accelerated. The drop seems to have accelerated as steelmakers in the Seoul metropolitan area and Gyeongsang are
2019-07-04 12:06
Turkey´s scrap import price rebounding ... impact on the East Asian market?
Turkey´s scrap import price has reached USD294. It has been on a strong rebound, rising more than USD15 in just two weeks. With Turkey´s scrap price making
2019-07-03 15:36
Steelmakers, "Domestic scrap prices should fall further"
South Korean steelmakers are considering expanding scrap imports because domestic scrap prices are still higher than international prices even though domestic
2019-07-03 05:18
KISCO, to resume purchasing scraps for rebars from July 1
KISCO is set to resume purchasing scraps for rebars from July 1. The steelmaker will resume the purchase in 2.5 months after the suspension of the purchase on
2019-07-01 08:55
Scrap market in the Seoul metropolitan area, under downward pressure
The steel scrap market in the Seoul metropolitan area is under downward pressure. Hyundai Steel Co.´s Incheon plant and Dangjin plant lowered the purchase pr
2019-06-30 14:19
HR roll margin, fallen to the lowest level of the year
Hot-rolled(HR) roll margin has fallen to the lowest level of the year. For the time being, it is predicted that there will be a fierce competition among domes
2019-06-27 10:15
Focus KISCO returning to operation and the impact on domestic scrap market
As KISCO is about to resume the operation of its electric furnaces, both expectations and concerns are growing in the domestic steel industry. This is good ne
2019-06-27 10:02
Scrap inventories held by South Korean EAF steelmakers rose sharply
Scrap inventories held by South Korean EAF steelmakers increased sharply. According to a survey conducted by Steel Daily on Jun 17th, the inventories of seven
2019-06-21 05:23
Daehan Steel, to cut the price of all grades of scraps on June 21st
Daehan Steel has decided to cut the purchase price of all grades of scraps by KRW10,000 per ton starting on June 21st. The steelmakers added that it could cut
2019-06-17 16:24
Scrap prices in the Seoul metropolitan area, under downward pressure
Steel scrap prices in the Seoul metropolitan area are under downward pressure. This is because Dongkuk Steel´s Incheon mill is expected to terminate its scra
2019-06-14 13:28
 
 
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MOST VIEWED >
1 Domestic furnaces´ roll margins, to decline for the time being
2 Hyundai Steel froze the import price of Japanese steel scraps
3 POSCO, seeking to raise the offer price of CR sheets
4 POSCO´s HR exports, expected to rebound in 2H
5 Scrap inventory increased significantly this week
6 Average export and import price of CR coil increased in June
7 CR exports decreased while imports surged in 1H
 
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Gilsan, to form a joint venture with China´s TSINGSHAN
Korea Steel Scrap Price News >
[7-2 KSSP] KSSP continued to fall for the fifth consecut
[7-1 KSSP] The pace of decline in steel scrap prices has
[5-3 KSSP] Scrap prices increased last week
[5-1 KSSP] Scrap prices declined further this week
 
Latest News >
CR exports decreased while imports surged in 1H
Steel plate imports rose more than 1.5 times YoY in 1H
HR exports rose while imports declined in 1H
Average export and import price of CR coil increased in
Scrap inventory increased significantly this week
 
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