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Hyundai Steel´s strike, one of the biggest variables in domestic scrap market
Hyundai Steel´s strike was cited as one of the biggest variables in the future scrap market. The scrap distribution industry expects scrap prices to reach th
2019-10-11 13:04
Issue Success and failure of production cut by rebar makers in Oct
For South Korean steelmakers, this October has become the most important period in recent years. Because whether steelmakers will continue to hold the hegemon
2019-10-10 17:56
Seven steelmakers´ rebar sales in Sep…the lowest of the year
The earnings of the seven major steelmakers came out in September. Sales were sluggish, as expected, and inventories were on a dangerous level.According to St
2019-10-07 12:09
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
South Korean rebar makers, planning to cut production
South Korean rebar makers, suffering from sluggish demand even during the peak season, are cutting production to reduce inventory. The cuts are also a strateg
2019-10-01 14:48
Hyundai Steel´s third-quarter sales of long steel, to rise 4.6% YoY - Kyobo Securities
Hyundai Steel´s third-quarter sales of long steel are forecast to rise 4.6% YoY. Paik Kwang-je, a researcher at Kyobo Securities Co., said in a report releas
2019-09-30 12:24
[ASF 2019] “Issues in the steel market in 2020?”···S&S vice president Kim Hong-sik
Kim Hong-sik, vice president of Steel & Steel, predicted the steel market in 2020 at the ninth ASF.Vice-President Kim selected four issues in the Korean steel
2019-09-23 05:02
Customs clearance of steel plates hit the lowest of the year in Aug
Customs clearance of steel plates hit the lowest of the year in August.According to the customs data, customs clearance of steel plates recorded 113,000 tons
2019-09-16 11:21
Rebar sales came to 780,000 tons in August
Although it had been expected that rebar sales would be sluggish in August, it turned out that sales were stronger than expected. For the month of August, the
2019-09-06 12:26
China´s import price of iron ore, barely remained above USD80
In the last week of August, the decline in China’s import price of international iron ore slowed down. Although it had been predicted that the price could fa
2019-09-05 14:15
HR distributors, worried about a further drop in Chinese HR prices
Hot-rolled(HR) distributors have expressed concerns over the ever-lowing price of HR offers from China. According to sources from the import industry, the pri
2019-09-02 12:34
Sales price of rebar in Sep
South Korean steelmakers are likely either freeze or slightly increase their rebar sales price in September. Although scrap prices fluctuated in August, but t
2019-08-27 14:14
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
India, the top importer of South Korea´s special steel for car parts
Exports of special steel for car parts to India were strong in the first half of this year.According to data compiled by the Korea Iron & Steel Association, e
2019-08-15 14:38
POSCO Pohang Steel Mill, to stop purchasing scraps temporarily
POSCO Pohang Steel Mill decided to temporarily suspend the purchase of steel scraps. POSCO Pohang Steel Mill decided not to make purchases across all grades o
2019-08-15 07:12
 
 
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Interview
The future of automotive steel plates is still ´iron´ ···
Park Hyung-keun, a senior researcher at POSRI
Korea Steel Scrap Price News >
[9-4 KSSP] KSSP declined for the second consecutive wee
[9-1 KSSP] Declined slightly led the drop in Seoul metro
[8-3 KSSP] KSSP showed mixed results depending on region
[8-1 KSSP] KSSP declined slightly in the 1st week of Aug
 
Latest News >
KSSP could fall more than KRW30,000 in Oct
Hyundai Steel´s strike, one of the biggest variables in
Global STS production increased only in China in 1H-ISSF
Seven steelmakers´ rebar sales in Sep…the lowest of th
POSCO, achieved a cumulative 1 billion tons of crude ste
 
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