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 STS / Special steel
Nominal consumption of special steel bars declined for three consecutive years
Nominal consumption of special steel bars declined last year. Imports of special steel bars (including STS bar) increased last year, but the nominal consumpti
2020-02-25 09:12
STS import-export market, huge gap between makers and consumers
The gap between the bid price and the offer price is widening in the stainless steel(STS) market. The bid price for 304 hot-rolled(HR) coil is estimated to be
2020-02-19 18:11
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
STS distributors, in a hurry to sell products
The stainless steel(STS) market is forecast to suffer a setback in February due to the economic slowdown, the entry into the off-season and the aftermath of t
2020-02-12 14:29
Seahbesteel´s operating profit fell 21% YoY to KRW44.1 billion in 2019
Seahbesteel´s earnings worsened last year due to a slump in end industries.Seahbesteel´s sales fell 9.7% YoY KRW2.96 trillion last year on a consolidated ba
2020-02-11 11:21
Focus Impact of Wuhan Coronavirus on S.Korean STS industry
Concerns over the negative impact of the Wuhan Coronavirus on the economy are lingering as more people die and have been infected by the virus. South Korean s
2020-02-10 14:28
Hyundai Steel, improving quality & reducing costs ´main target´ for special steel
Hyundai Steel has set improving the quality of special steel and reducing costs as the main targets for this year.Rather than expanding the total volume of sp
2020-02-10 05:29
S〮Korean STS import industry, worried about weaker won
The daily Korean won closed at 1,195.0 won on Feb.3, up KRW3.2 from the previous day´s close, after fluctuating in the mid- to late-end range of 1,190 won.Th
2020-02-04 13:01
Focus POSCO set to announce STS prices in Feb
With POSCO set to announce the price of stainless steel(STS) products in February, opinions are divided over the steelmaker’s price decision. High volatilit
2020-02-03 14:20
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
Nickel prices, expected to remain weak in the short term
Nickel prices have been volatile this year.Contrary to the initial prediction that nickel prices will be strong due to Indonesian government´s ban on exports
2020-01-18 14:24
Imports of special steel bar, remained in the 700,000-ton range in 2019
Imports of special steel bar remained in the 700,000-ton range for the second consecutive year. The volume of imports increased on a YoY basis, but it seems t
2020-01-16 14:24
Imports of special steel bars fell to 30,000 tons in Dec
Imports of special steel bar for car parts dropped to 30,000 tons, marking the lowest level in recent years. According to statistics from the KOREA IRON & STE
2020-01-14 11:22
STS HR import, averaged 34,000 tons per month in 2019
Stainless steel(STS) hot-rolled(HR) imports averaged 34,000 tons per month last year. The average monthly import volume of STS HR has been around 40,000 tons,
2020-01-07 15:44
POSCO, cut the price of STS300 series supplied to distributors in Jan
POSCO has cut the price of Stainless Steel(STS) 300 series supplied to distributors by KRW100,000 while keeping the price of 400 series unchanged. The steelma
2020-01-07 05:17
 
 
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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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