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Rebar · scrap spread fell 10% YoY despite a surge this year
The spread between the prices of steel rebars and steel scraps surged this year, but it was found to be insufficient compared to last year.The purchase price
2020-02-25 07:42
S.Korean section industry, considering a further price hike
The section industry is considering a further price increase. H-beam makers are said to be considering a price hike to over KRW850,000, while general section
2020-02-21 16:15
Hyundai Steel, plans to expand rebar exports
Hyundai Steel plans to expand rebar exports amid deepening woes among steel producers over worsening profitability.According to officials at Hyundai Steel, th
2020-02-17 13:43
Kisco, Sales‧Operating profit↓...Net profit↑
Sales and operating profit of Kisco fell last year from a year. Net profit, on the other hand, rose.According to the official data released by Kisco, sales fell 7.5% YoY to KRW719.1 billion last year.Operating profi
2020-02-17 11:56
Hyundai Steel, to develop large-sized sheet piles
Hyundai Steel plans to expand the size specifications of sheet piles, which are mostly used for landfill construction and sea wall construction."Since last ye
2020-02-14 17:19
Korea Steel Shapes, sales· operating loss↑ in 2019
The earnings of Korea Steel Shapes deteriorated. Korea Steel Shapes said in a regulatory filing on February 10 that it posted KRW391 billion in sales, KRW7.8
2020-02-12 11:25
Chinese Shagang, offered USD485 for rebars in Feb
Chinese Shagang group suggested the offer price for rebars in February. The steelmaker lowered the price USD35 from January to USD485 (CFR) based on 10mm of high-strength rebar.Considering the exchange rate, the pric
2020-02-12 11:08
H-beam imports in the early Feb, tallied at 843 tons
The volume of H-beams cleared customs in early February edged down from the previous month.The volume of H-beams, which cleared customs through Feb. 5, was tallied at 843 tons, down 70.7% from 2,879 tons MoM. No Viet
2020-02-10 18:20
S〮Korean steelmakers, call for an extension of import restrictions on Chinese H-beams
South Korean steel makers, including Hyundai Steel and Dongkuk Steel have applied for an extension of import restrictions on Chinese-made H-beams. In late Jan
2020-02-09 09:27
Seven major steelmakers sold 632,000 tons of steel rebars in Jan
Sales of steel rebars at the seven major steelmakers were sluggish in January. In January, the seven major steelmakers sold 632,000 tons of steel rebars, 32,0
2020-02-07 11:52
Hyundai Steel, considering a price hike for rebars in Feb
Hyundai Steel is considering an additional price hike for steel rebars in mid-February. The steelmaker is considering raising the price by an additional KRW20
2020-02-04 07:29
Both production and sales of H-beams, down YoY in ´19
Both production and sales of H-beams were down on a year-on-year basis in 2019. Unlike what was felt in the market, overall demand did not change much.Accordi
2020-02-02 17:35
Rebar sales were down 7.6% YoY in 2019
The production and sales of rebars in 2019 were not as good as the previous year.According to statistics from the Korea Iron and Steel Association, rebar production totaled 9,937,788 tons in 2019. The figure represen
2020-01-29 13:12
Rebar imports in Jan, the lowest in 18 years
Rebar imports are still sluggish at the end of January.The volume of steel rebars imported until Jan. 27 was tallied at 16,703 tons. By country, 5,358 tons were imported from China, 8,860 tons from Japan, 2,476 tons
2020-01-29 13:12
Hyundai Steel, to increase H-beam price by KRW70,000 in Feb
Hyundai Steel announced its plan to raise the price of H-beams in February. Hyundai Steel decided to rise the lowest closing price to KRW760,000 from the curr
2020-01-28 09:32
 
 
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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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