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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
Import price of Turkish scraps, fell below USD300
The import price of Turkish scraps fell below USD300. Recently, SBB´s Turkish scrap index has recently recorded USD298(HMS No.1&2 80:20). It was the first ti
2018-12-17 15:13
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
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
Macquarie, lowered price outlook for nickel by 18% to 20%
Macquarie analysts have lowered their price outlook for nickel. This is due to the expectation that nickel pig iron (NPI) supplies from Indonesia will grow an
2018-12-12 14:58
EAF mills´ scrap inventories fell two consecutive weeks
Scrap inventories held by Korean EAF mills declined for two consecutive weeks. The pace of decline also accelerated. On December 10, inventories of seven maj
2018-12-11 15:42
Issue Impact of YK steel´s maintenance work and imports of Japanese scraps
YK Steel has emerged as the biggest variable in the scrap market in the southern part of Korea. YK Steel will stop operating its EAF for 10 days from the 9th.
2018-12-10 15:17
Scrap price gap between Korea and Japan, not narrowing
Import price of Japanese scraps barely hovers above JPY30,000. At this week´s price negotiation on the 6th, Hyundai Steel made a bid for H2 at JPY30,000 per
2018-12-10 14:50
About 30,000 tons of billets were imported into Korea in Nov at USD543
About 33,689 tons of billets were imported into Korea in November. The average import price was USD543 or KRW610,000. In November, steel rebars were sold at a
2018-12-10 11:57
DaehanSteel signed a contract for Chinese billets ... impact to be minimal
DaehanSteel has signed a contract for Chinese billets after a long time. The company signed an import contract for about 10,000 tons of billets at around USD4
2018-12-10 11:47
Predict Will Korean scrap market bottom out in Feb?
KISCO and DaehanSteel announced their sixth price cut. Considering the special purchases made by some companies, scrap purchase price has been cut by up to KR
2018-12-06 15:09
Hyundai Steel signed a series of contracts for U.S. and Russian scraps
Hyundai Steel began preparing for its scrap in January. Hyundai Steel signed a series of contracts with U.S. and Russian steel scraps exporters late last week
2018-12-06 09:52
 
 
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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 Mysteel, ´China´s steel market prospect for 2019´
7 [Nov Sales] POSCO´s sales of CR coated flat products rose YoY
 
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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