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Predict Scrap distributors, ´Scrap prices, the cheapest now...´
There is a prevailing view that the scrap market has hit the bottom. Scrap distributors recognize that the price is ‘the cheapest now’. However, each distri
2020-04-24 07:49
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
Focus Has scrap price reached the bottom?...Lessons from 5 years ago
Steel scrap price hit the new low, reigniting controversy.If the price cut is successful, steelmaker’s scrap purchase prices will drop to around KRW270,000 f
2020-03-25 12:24
Issue Italian STS producers, partially shut down
While the spread of the Covid-19 virus in the EU region is increasing rapidly, the number of confirmed cases in Italy has already exceeded 30,000. In Italy, manufacturing and other industrial facilities are concentra
2020-03-19 14:46
Analysis Sale and profit of STS CR makers declined in 2019
The sales and profit of a majority of STS CR makers declined last year. Industry sources attributed the poor performance to the large fluctuations in nickel a
2020-03-13 09:24
Analysis STS price worldwide : declined for the fourth consecutive month
As of the end of February, stainless steel(STS) trading prices declined in all regions excluding North America.The STS prices in Asia and Europe declined, whi
2020-03-10 07:38
Focus S.Korean HR makers, faced with an unexpected problem
POSCO, Hyundai Steel and other South Korean hot-rolled(HR) makers are faced with an unexpected problem. At a time when international HR prices were rising, th
2020-03-06 10:31
Focus China´s STS inventory hit a record high...future price trend?
China´s stainless steel(STS) inventory has hit a record high.As of early February, distribution inventories in Wuxi and Foshan regions, which are classified
2020-03-04 09:32
Focus S.Korean HR market, to be impacted by the COVID-19 virus
The South Korean hot-rolled(HR) export and import market is unlikely to be free from the impact of the COVID-19 virus . Officials in the HR industry pointed o
2020-02-22 15:21
Focus EAF mills, to lower standards for proper scrap inventory
EAF mills are lowering their standards for proper scrap inventory. "We have decided to reduce our inventory by 20%," said an official at an EAF mill in the Se
2020-02-20 09:56
Focus Impact of new coronavirus on S.Korean steel industry ´to be limited´
The aftermath of the spread of Wuhan coronavirus, has not subsided. The ‘Mobile World Congress (MWC)’ that was scheduled to be held in Barcelona on the 24th
2020-02-17 11:40
Predict Will demand for steel plates for shipbuilding improve in 2020?
Overall, around 65% of the country´s steel plates are estimated to be consumed by shipbuilders for ships. Since South Korean shipbuilders maintained the No.
2020-02-17 03:20
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
Focus S〮Korean steel industry, drawing up scenarios for coronavirus outbreak
The steel industry seems to be struggling to come up with measures for each scenario of changes in the market if the Wuhan coronavirus outbreak from China wor
2020-02-06 14:00
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
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1 Japanese HR imports, growing sharply
2 Construction companies, complaining about lack of rebar inventory
3 Japanese suppliers´ scrap offer prices, continue increasing
4 Scrap distributors, ´Scrap prices, the cheapest now...´
Steel industry in 2019 – Kim Young-joong, senior vice president of marketing strategy at POSCO
Korea Steel Scrap Price News >
[4-3 KSSP] KSSP fell led by the decline in the price of
[3-4 KSSP] Declined both in the Seoul metropolitan area
[2-3 KSSP] Scrap prices fell for the fifth week
[1-5 KSSP] KSSP weak in the metropliotan area · flat in
Latest News >
Japanese HR imports, growing sharply
Japanese suppliers´ scrap offer prices, continue increa
Construction companies, complaining about lack of rebar
Low-priced steel plate imports, likely to expand further
H-beam imports, surging in Apr

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