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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
Housing permits reached 37,980 units in Feb, 10.1%↓YoY
Housing permits, a leading indicator of construction, declined in February this year, mainly in provincial areas. According to the Ministry of Land, Infrastructure and Transport, housing permits reached 37,980 units
2020-03-30 15:02
Domestic car production and sales fell 20% YoY in Feb
In February, domestic car production and sales fell sharply from the same month last year.A total of 189,235 cars were produced in the country in the first two months of this year, plunging 26.4% from a year earlier,
2020-03-17 13:39
CBSI fell 20.5p MoM to 72.1 in Jan
According to the Construction Business Survey Index (CBSI) released by the Construction and Economy Research Institute of Korea(CERIK), the construction busin
2020-02-13 08:38
Kia Motors, resumed production on January 14
Kia Motors said it has resumed production since January 14 after a partial strike. It seems that both labor and management successfully drew up a second tentative agreement.At the 19th round of negotiations held at t
2020-01-16 17:31
South Korean shipbuilders, failed to meet their target orders in ´19
Major three South Korean shipbuilders failed to meet their sales target last year. Although the shipbuilders -- Hyundai Heavy Industries Co., Daewoo Shipbuild
2020-01-04 15:08
South Korea´s slump continues for 8th straight month - KDI
The Korea Development Institute (KDI) has assessed that the South Korean economy is in a slump for the eighth straight month.The public think tank said in its monthly economic trends report released on Nov.7, "With t
2019-11-11 07:42
Agreement for the RCEP reahced…India not signed the deal
The agreement for the ‘Regional Comprehensive Economic Partnership (RCEP)’, the world´s largest multilateral FTA involving South Korea, has been reached. The FTA, which involves the Association of Southeast Asian
2019-11-06 05:52
Hyundai-Kia Motors´s profitability, not satisfactory in 3Q
Even though Hyundai Motors and Kia Motors saw their sales increase in the third quarter of this year, their profitability was not satisfactory. Despite the ba
2019-10-30 15:53
Hyundai Heavy Industries, to work with POSCO for localization of materials
Hyundai Heavy Industries Group will work with POSCO to localize the materials of fuel tanks for LNG-fueled vessels.Hyundai Heavy Industries Group made an ann
2019-10-06 12:23
Daewoo Shipbuilding & Marine Engineering , won an order for one LNG carrier
Daewoo Shipbuilding & Marine Engineering Co. won an order for one LNG carrier, heralding an all-out battle for orders in the second half.Daewoo Shipbuilding & Marine Engineering said on August 22 that it has won a 1
2019-08-23 14:29
Issue The outlook for the steel industry, not bleak in the era of electric vehicles
Electric vehicles are fast becoming an option for drivers. Domestic demand for electric vehicles is also growing fast. Domestic demand, which stood at less th
2019-08-18 05:47
Adoption of electric vehicles will increase exponentially in the 2020s - McKinsey
McKinsey, a consulting firm predicted that the penetration of battery electric vehicles will increase at a considerably high rate in the early 2020s. In a rec
2019-02-14 13:54
Focus A huge change in the Korean shipbuilding industry ´upcoming´
A huge change in the Korean shipbuilding industry is expected. The state-run Korea Development Bank, the largest shareholder of Daewoo Shipbuilding & Marine E
2019-02-07 13:59
Nickel prices, to rise on growing demand for electric vehicles - forecast
Nickel prices are expected to rise on growing demand for electric vehicles.UBS expects nickel demand to rise as demand for electric vehicles increases. UBS ex
2019-01-24 11:20
 
 
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Interview
Steel industry in 2019 – Kim Young-joong, senior vice president of marketing strategy at POSCO
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