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Japanese scrap suppliers, sharply increasing their offers
As Japanese scrap offers have skyrocketed, Korean EAF steelmakers are avoiding to purchase Japanese scraps. Recently, Japanese suppliers offered scrap prices
2019-02-22 13:58
Focus Scrap consumption in Korea, back to normal
Scrap consumptions in the Seoul metropolitan area and Yeongnam area are going back to normal. Major EAF steelmakers, which temporarily closed down their mills
2019-02-21 16:42
Korea´s 7 EAF steelmakers´ scrap inventories, now close to 1million tons
Scrap inventories have increased for the fourth consecutive week. As of the morning of the 18th, seven steelmakers´ scrap inventories (see table) reached 967
2019-02-21 14:21
International spot price of coking coal, continue rising
International spot price of coking coal has risen again. Due to sudden supply disruptions in Australia, the upward momentum is likely to remain strong for the
2019-02-21 13:27
Has scrap market in the Seoul metropolitan region reched bottom?
There are signs of a change in the steel scrap market in the Seoul metropolitan area. Although Hyundai Steel and Dongkuk Steel are purchasing limited volume o
2019-02-20 13:06
Russian scrap import price, risen USD24 per ton ... contract signed at USD325
The price of Russian scrap imports have risen significantly. Recently, a Korean steelmaker completed a 16,000-ton contract at USD325 (A3) per ton, up USD24 pe
2019-02-20 12:53
Tokyo Steel, "There is no reason for the price of scrap to fall"
Tokyo Steel predicted an increase in the price of steel scrap. An official at the Japanese steelmaker said, "The price of molten iron has risen as the spot pr
2019-02-19 11:48
Scrap inventories remain largely ´unchanged´ this week
Scrap inventories have slightly increased compared to the previous week. The inventories held by seven major steelmakers (see table) were 917,000 tons as of F
2019-02-14 13:08
Chinese iron ore future prices, fell for the second straight day
Chinese iron ore future prices fell for the second straight day. According to the Dalian Commodity Exchange on the 13th of this month, the futures price of ir
2019-02-14 12:54
Skyrocketing scrap offer prices...contracts expected to shrink
Steel scrap imports are getting difficult. Scrap offer prices have risen and surpassed the price range available for purchase by Korean EAF steelmakers. Befor
2019-02-13 16:39
Dongkuk Steel, suspend operating a furnace due to a death accident
A death accident which took place at Dongkuk Steel´s Incheon mill during the Lunar New Year holiday has disrupted the operation of an electric furnace with p
2019-02-11 14:21
Dongkuk Steel´s CSP steel mill, turn into a surplus in 3 years
Dongkuk Steel´s Companhia Siderúrgica do Pecém (CSP) joint venture in Brazil succeeded in turning into a surplus in three years. According to D
2019-02-08 12:46
Korean scrap export, continuing a second consecutive quarter of decline
Scrap export has been declining. Scrap export was 215,772 tons in 2018, down 46.7% year-on-year. It was less than 226,200 tons in 2015 when scrap export began
2019-02-07 16:43
Korean steelmakers, unwilling to raise purchase price of Japanese scraps
Korean steelmaker´s stance on Japanese scraps seems clear. Seahbesteel and Hyundai Steel’s bidding price this week was maintained at the level of last week.
2019-02-01 10:18
[1-5 KSSP] KSSP fell for two consecutive weeks
KSSP, Korea´s only steel scrap price index has fallen for two consecutive weeks. This week, KSSP fell significantly led by the decline in the metropolitan ar
2019-01-31 15:53
 
 
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MOST VIEWED >
1 Both imports and exports of special steel bar, surged in Jan
2 Korea´s STS HR exports recovered to 70,000 tons in Jan
3 Tokyo Steel, "There is no reason for the price of scrap to fall"
4 GI imports ↑, but exports ↓in Jan
5 Prices mixed in the rebar distribution market
6 Hyundai Steel´s Dangjin mill, steel plate output has surpassed 20million tons
7 Japan- Tokyo Steel Keep Steel Prices Unchanged for March Deliveries
 
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Korea Steel Scrap Price News >
[1-5 KSSP] KSSP fell for two consecutive weeks
[1-4 KSSP] Turn into a downward trend in three weeks
[1-3 KSSP] Scrap price rose more strongly in the metropo
[1-2 KSSP] KSSP rebrounds after remaining flat for four
 
Latest News >
Wire rope exports dropped...imports rose sharply in Jan
Japanese scrap suppliers, sharply increasing their offer
Low carbon steel wire rod imports soared in Jan
Attention on POSCO will raise the price of CR coated fla
A death accident occurred at Hyundai Steel´s Dangjin mi
 
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