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[2-3 KSSP] Scrap prices fell for the fifth week
KSSP (Korea Steel Scrap Price) fell for the fifth week. This week, the KSSP fell sharply in both in the Seoul metropolitan area and in the Gyeongsang region,
2020-02-22 09:13
Focus EAF mills, to lower standards for proper scrap inventory
EAF mills are lowering their standards for proper scrap inventory. "We have decided to reduce our inventory by 20%," said an official at an EAF mill in the Se
2020-02-20 09:56
Scrap inventories, remained unchanged from the previous week
Scrap inventories in the South Korean market appears to be bottoming out. EAF mills´ inventories only slightly increased despite continued price cuts.As of F
2020-02-18 11:44
[S&S Scrap seminar] “AI, to bring about a revolution in the scrap industry”…ableMax
It is predicted that artificial intelligence(AI) system will be introduced in the steel scrap market in the future as it enters the Fourth Industrial Revolu
2020-02-14 10:37
Fitch, revised up its mineral price outlook for this year
Fitch Solutions has revised up its mineral price outlook for this year. Amid a plunge in mineral prices due to the spread of Wuhan coronavirus, which coincide
2020-02-13 13:37
[S&S Scrap Seminar] ´S.Korean scrap distribution market, to undergo structural changes´...Sohn Jung-soo at SteelDaily
As the steel scrap market marks a turning point, both steelmakers and suppliers need to form new relationships and create a profit base. At the ´Steel & St
2020-02-13 13:14
[S&S Scrap Seminar] Securing ports for large ships, key task in 2020 ... SEINAN´s CEO
The possibility of a drop in South Korea´s imports of Japanese scraps, and exports using large-sized ships, decreased export of mixed metal, Schredder dust a
2020-02-13 13:14
Billet, emerging as a new variable in the S.Korean scrap market
Billet is emerging as a new variable in the South Korean steel scrap market. Domestic EAF mills have been reducing production since the second half of last ye
2020-02-13 13:01
International iron ore prices, fell to the USD80 range
International iron ore prices have remained weak as concerns are growing over sluggish steel production and demand in China.According to a recent survey condu
2020-02-12 11:18
Scrap import price from U.S. dropped sharply
Hyundai Steel´s import prices of steel scraps from the United States have fallen sharply. Hyundai Steel recently signed a deal with the U.S. firm Schnitzer t
2020-02-09 09:27
Scrap inventories surged due to production cut· maintenance
Steel scrap inventories of seven major steelmakers has increased sharply over the week. Over the past week, scrap inventories of the seven steelmakers (see ta
2020-02-04 13:01
Scrap inventories of S 〮Korean steelmaker, increased for two consecutive weeks
Scrap inventories of South Korean steelmaker has increased for two consecutive weeks. The inventories of the seven major steelmakers (see table) on Jan.28 rea
2020-01-31 13:53
[1-5 KSSP] KSSP weak in the metropliotan area · flat in the Gyeongsang region
Immediately after the Lunar New Year holiday, South Korea´s steel scrap price (KSP), which is designated suppliers´ scrap purchase price from yards, remaine
2020-01-30 12:56
Analysis Drop in the price of Koren scraps, the smallest among major countries in ´19
Last year, the drop in the price of Korean scraps was the smallest among major countries. Scrap prices were generally strong in the first half of last year bu
2020-01-28 08:51
Refiend nickel consumption, to increase YoY in 2020
Consumption of refined nickel is forecast to rise YoY this year. The consumption of refined nickel is expected to rise 2.5% YoY to 2.498 million tons in 2020.
2020-01-22 14:20
 
 
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MOST VIEWED >
1 Both exports and imports of steel products declined in Jan
2 S.Korean HR market, to be impacted by the COVID-19 virus
3 Steel plates exports decreased slightly, while imports fell sharply in Jan
4 Nominal consumption of special steel bars declined for three consecutive years
5 [2-3 KSSP] Scrap prices fell for the fifth week
6 Rebar · scrap spread fell 10% YoY despite a surge this year
7  
 
Interview
Steel industry in 2019 – Kim Young-joong, senior vice president of marketing strategy at POSCO
Korea Steel Scrap Price News >
[2-3 KSSP] Scrap prices fell for the fifth week
[1-5 KSSP] KSSP weak in the metropliotan area · flat in
[1-1 KSSP] Scrap prices remained flat for 2 weeks
[12-4 KSSP] Flat in the Seoul metropolitan area, decline
 
Latest News >
Nominal consumption of special steel bars declined for t
Rebar · scrap spread fell 10% YoY despite a surge this
Steel plates exports decreased slightly, while imports f
Both exports and imports of steel products declined in J
[2-3 KSSP] Scrap prices fell for the fifth week
 
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