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 Scrap / Raw materials
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
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
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
[4-3 KSSP] KSSP fell led by the decline in the price of special steel plates
KSSP (Korea Steel Scrap Price) fell led by the decline in the price of special steel plates [Editorial] [Long steel]The price of scraps for long steel remained flat while that for special steel plates declined. EAF
2020-04-18 06:29
Scrap shipments at the port dropped sharply
The volume of scrap imports has decreased significantly. As of April 14, the volume of shipments arrived or to arrive at the port stood at 181,211 tons, down
2020-04-16 15:56
South Korean steelmakers´ scrap inventories fell in four weeks
South Korean steelmakers´ scrap inventories fell in four weeks. On April 17, the steel scrap inventories of the seven major steelmakers came to 976,000 tons,
2020-04-14 13:10
POSCO, "To resume scrap purchse at the earliest possible"
POSCO has expressed its position on the suspension of scrap purchases.POSCO explained that the suspension of scrap purchase this time was due to cost management. The steelmaker said “It isn’t that we stopped buying
2020-04-13 18:42
POSCO, declared to suspend scrap purchases
POSCO has declared a halt to the purchase of scraps. POSCO notified designated suppliers on the 9th that it will stop purchasing all-grade of scraps starting
2020-04-10 11:04
Steelmakers’ scrap inventories increased for the third consecutive week
South Korean steelmakers’ scrap inventories increased for the third consecutive week. As of Apr.6 scrap inventories of the seven largest steelmakers were tallied at 1,001,000 tons. Inventories increased to the 1 mil
2020-04-10 11:04
Despite a record high roll margin, steelmakers profits ´below expectation´
As prices of steel scraps fell and prices of rebars rose, steelmakers’ rebar roll margin widened to the highest ever. This week, southern steelmakers’ purch
2020-04-08 13:45
Dongkuk Steel, signed contracts for Japanese and Russian scraps
Dongkuk Steel has signed a series of contracts with Japanese and Russian scrap suppliers.Dongkuk Steel recently signed a contract for 12,000 tons of Japanese
2020-04-07 07:36
Scrap inventories in the Seoul metropolitan↑...↓ in the Yeongnam area
Steelmakers´ scrap inventories rose for the second consecutive week. As of March 30, the seven largest steelmakers had 992,000 tons of inventories, up 2.5% o
2020-03-31 13:26
Scrap imports declined for two consecutive months
Imports of steel scraps remain at rock bottom levels. South Korea´s scrap imports reached 350,000 tons in February, down 45.5% from the same month last year.
2020-03-30 23:19
[3-4 KSSP] Declined both in the Seoul metropolitan area and in Yeongnam
KSSP (Korea Steel Scrap Price) fell both in the Seoul metropolitan area and in Yeongnam, South Jeolla Province.Steelmakers cut their scrap purchase prices, wh
2020-03-27 10:49
Will HR roll margin, collapse?
As the gap between hot-rolled(HR) coil export offer prices and iron ore prices in China has narrowed to less than USD400 per ton, concerns are growing that ro
2020-03-26 12:53
 
 
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MOST VIEWED >
1 Japanese HR imports, growing sharply
2 Japanese suppliers´ scrap offer prices, continue increasing
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
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