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Japanese HR imports, growing sharply
As the influx of Japanese HR imports continue for the time being, raising concern among steelmakers on whether how to cope with the already reduced demand. An
2020-04-27 11:18
Low-priced steel plate imports, likely to expand further
In the first quarter, both exports and imports of steel plates fell from last year. According to the import and export data compiled by the Korea Iron and Ste
2020-04-23 11:37
Domestic demand for HR, relatively robust in 1Q
Despite concerns over a drop in demand following the Covid-19 outbreak since late January, domestic hot-rolled(HR) production and sales did not drop significa
2020-04-22 17:45
Both exports and exports of GI declined YoY in 1Q
In the first quarter of this year, both exports and exports of galvanized steel(GI) decreased compared to the same period a year earlier. In terms of the scop
2020-04-22 17:09
Domestic home appliance industry, having a tough April
The home appliance industry is having a tough April. As the U.S. and European markets, major export destinations, are under lock-down orders amid the Covid-19
2020-04-22 12:53
Steel plate makers and shipbuilders, unlikely to reach a deal on price
In the first half of this year, negotiations between local steel plate makers and shipbuilders on the price of steel plates for shipbuilding appear to have ra
2020-04-17 08:27
POSCO Gwangyang Steel´s 4th CR plant, to begin a major repair work from May
POSCO Gwangyang Steel´s fourth cold-rolled(CR) plant will begin a major repair work for about 15 days from May 8. Gwangyang´s fourth CR plant, which began o
2020-04-16 15:56
Issue How much will HR price drop further?
Restoring profitability of local hot-rolled(HR) makers such as POSCO and Hyundai Steel seems difficult for the time being. As export offers suggested by Chine
2020-04-13 14:20
POSCO, to lower the price of CR coated steel plates supplied to distributors
POSCO has decided to eventually lower the price of cold-rolled(CR) coated steel plates supplied to distributors. According to the CR distribution industry on
2020-04-13 08:49
Consumers in the HR market, shifting into a wait-and-see mode
Consumers in the hot-rolled(HR) steel market are shifting into a wait-and-see mode on the expectation that the price cut will be deeper than expected in May.
2020-04-11 11:04
S. Korea came in 2nd in Mar. shipbuilding orders following China
South Korea came in second in global shipbuilding orders in March. According to London-based market tracker Clarkson Research Services, global shipbuilding orders rose 26% to 720,000 compensated gross tons (CGTs) in
2020-04-08 09:12
Improving profitability, to be difficult for CR export industry in 2Q
It is expected to be difficult for cold-rolled(CR) export industry to improve profitability in the second quarter .In particular, shipments to Southeast Asia,
2020-04-07 07:12
POSCO`s second HR mill in Pohang, to repair facilities for 10 days in June
POSCO`s second hot-rolled(HR) mill in Pohang will undertake repair works for 10 days from June 1 to June 10.With the large-scale repair works, the constructio
2020-04-07 03:48
Chinese HR makers kept offer prices unchanged in 4th of Mar
Chinese hot-rolled(HR) makers kept export offer prices unchanged in the fourth week of March from the previous week.According HR importers, Chinese second-gra
2020-04-05 11:29
Production and sales of EGI recovered to the average in Feb
Production and sales of EGI recovered to the average level in February. EGI output came to 131,896 tons in February, down 0.1% from a year earlier, according
2020-04-01 14:48
 
 
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MOST VIEWED >
1 Japanese HR imports, growing sharply
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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 >
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Latest News >
Japanese HR imports, growing sharply
Japanese suppliers´ scrap offer prices, continue increa
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