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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
Dongkuk Steel, posted KRW48.3 billion in operating profit in 1Q
Dongkuk Steel Mill Co., South Korea´s third-largest steelmaker, said that it posted KRW48.3 billion in operating profit in the first quarter on a consodiated
2019-05-20 15:38
Expectations growing among distributors, scrap prices have reached the bottom
Business sentiment among scrap distributors are showing signs of a recovery. Expectations are growing among distributors that scrap prices have reached the bo
2019-04-30 10:09
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
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
Has Chinese HR export price, reached the bottom?
China´s hot-rolled(HR) export prices are continuing to rise, breaking the year´s high. Given the recent strong raw material prices and the Chinese governmen
2019-04-18 06:25
Issue Fears over a price crash, spreading in the southern scrap distribution market
Fears over a price crash are spreading in the southern scrap distribution market in SouthKorea. The cause of the concern in the southern scrap market is KISCO
2019-04-17 12:08
Hyundai Steel, to raise H-beam prices and suspend receiving new orders
Hyundai Steel has decided on an aggressive pricing policy. To improve profitability and stabilize market prices, Hyundai Steel has decided to raise H-beam pri
2019-04-10 11:12
Issue EAF steelmakers in southern region, increase purchase price by KRW20,000
Major EAF steelmakers in the southern part of Korea announced a series of price hikes on April 5. Despite the drop in international scrap prices, EAF steelmak
2019-04-10 10:44
Reasons behind the decline in H-beam prices in 1Q
"The drop in H-beam prices in the first quarter is not due to weak demand", said an official at a domestic steelmaker.Demand for H-beam in South Korea is esti
2019-04-08 12:08
CR coated flat product makers, set to raise prices further
Ahead of additional price increases by domestic cold-rolled(CR) and coated flat product makers in May, interest is growing over how much prices will be increa
2019-04-05 15:01
Korean government and POSCO, attend ‘Public Hearing on STS HR Anti dumping’
The South Korean government and POSCO have asked China to stop its anti-dumping probe into Korean stainless steel(STS) hot-rolled(HR) products.The South Korea
2019-03-30 09:55
Hyundai Steel, to increase rebar price in April to KRW725,000
Hyundai Steel announced the price of steel rebars for April. Hyundai Steel said on the 29th that it will sell its rebars to distributors at KRW715,000, and at
2019-03-29 12:24
Domestic rebar makers, secure proper profits in 1Q
Expectations are growing among rebar makers over profits in the first quarter. It is predicted that their operating profit in the first quarter will be betwee
2019-03-29 11:02
SeAH Changwon Integrated Special Steel, increase the factory price of STS bar in April
SeAH Changwon Integrated Special Steel raised the factory price of 300 series stainless steel(STS) bars by KRW150,000 per ton in April, reflecting an increase
2019-03-28 13:11
 
 
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POSCO C&C´s New Demand Development Team’
Korea Steel Scrap Price News >
[5-3 KSSP] Scrap prices increased last week
[5-1 KSSP] Scrap prices declined further this week
[4-2 KSSP] Scrap prices rose sharply on steel makers’ s
[3-4 KSSP] KSSP remian flat for the three consecutive we
 
Latest News >
Chinese steel plate prices↓...but import contracts↓
POSCO, set to resume its HR export to the U.S.
Turkey´s scrap import prices, turn to an upward trend
Dongbu Steel, to raise the price of CR coated steel star
CHQ wire makers´ 2Q earnings, unlikely to improve
 
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