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 STS / Special steel
Focus Carbon steel importer, cut sales prices, but STS importers going the opposite way
The won-dollar exchange rate has once again hit a new high this year due to intensifying U.S.-China trade disputes. The won-dollar exchange rate has now appro
2019-05-21 12:15
STS HR exports, recovered to the 70,000,000-ton range in Mar
The export volume of stainless steel(STS) hot-rolled(HR) recovered to the 70,000-ton range. According to the Korea Iron & Steel Association, South Korea’s ST
2019-05-13 10:38
Focus Will the STS import industry increase prices?
The won-dollar exchange rate surpassed KRW1,170 as of May 3. With the exchange rate hitting the highest in two years and three months, attention is focusing o
2019-05-13 03:56
Seahbesteel turned to a profit in the 1Q
Seahbesteel announced preliminary earnings for the first quarter of this year. The company said its operating profit and net profit both turned to a surplus f
2019-05-07 18:02
South Korea’s STS CR exports, recovered to 60,000 tons in Mar
South Korea’s exports of stainless steel(STS) cold-rolled(CR) coil again recovered to 60,000 tons in March. According to the Korea Iron & Steel Association, exports of STS CR reached 59,065 tons in March, up 23.1% M
2019-05-07 13:13
STS import industry, profits deteriorating due to surging FX rate
The won-dollar exchange rate increased close to KRW1,160 as of April 25. With the exchange rate hitting the highest in two years, the payment burden of import
2019-04-30 06:23
Indonesia’s exports of STS to China, surged in Feb
Indonesia’s exports of stainless steel(STS) to China and Malaysia surged in February.According to the latest trade data published by the Indonesian Statistic
2019-04-23 05:29
STS imports clearing customs, increasing at a rapid rate
The volume of stainless steel(STS) clearing customs is increasing at a rapid rate. According to SteelDaily’s data, the volume of STS cold-rolled(CR) imports
2019-04-21 06:25
STS import industry, feeling the pinch of rising exchange rate
The stainless steel(STS) import industry has not raised prices once this year. The price gap with domestic products has widened to KRW400,000 to KRW450,000 pe
2019-04-15 09:10
A death accident occurred at SeAH Besteel´s Gunsan mill.
A death accident occurred at SeAH Besteel´s Gunsan mill.According to SeAH Besteel, an employee who was working at a rolling mill, was killed after falling in
2019-04-11 11:24
Focus Rising ferrochrome price...attention on 400 series STS price
The recent rise in ferrochrome and iron ore prices is drawing keen attention to the direction of 400 stainless steel(STS) prices in the second quarter. Ferroc
2019-04-11 10:26
Korean STS companies, saw a drop in sales and profits in ´18
A majority of Korean stainless steel(STS) companies saw a drop in sales and profits last year. The decline in sales and profits of most companies is attribute
2019-04-08 15:12
STS distributors, to keep the sales price unchanged in April
Most mid- to large-sized stainless steel(STS) distributors are set to maintain the current base price in April.Nickel prices have recently re-entered the USD1
2019-04-02 12:18
Korean special steel∙ bar maker, to raise prices in April
Major South Korean special steel∙ bar makers have started to raise their product prices in April. Seahbesteel has decided to raise the price of its spec
2019-04-02 11:23
[Domestic STS market] STS prices, to remain weak for the time being
[Domestic STS market] STS prices, to remain weakIn the last week of March, domestic stainless steel(STS) distribution market continued to be sluggish, with tr
2019-04-02 06:58
 
 
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