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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
Moody´s, Hyundai Steel´s credit rating outlook↓... from ‘stable’ to ‘negative’
Global credit rating appraiser Moody´s on Nov.1 downgraded Hyundai Steel´s corporate credit rating outlook to ‘negative’ from ‘stable’. The company´s c
2019-11-06 11:07
POSCO, expected to freeze STS prices in Nov
Ahead of POSCO´s announcement of stainless steel(STS) product prices in November, industry sources expect that the steelmaker will freeze the prices.In Octob
2019-11-06 10:52
[2020 Steel Industry Outlook seminar] Iron ore prices, to be around USD70 in 1H,´20
A drop in demand for finished steel products next year could lead to a sharp drop in iron ore prices, a CEO at a South Korean steel company said.The Korea Iro
2019-11-03 07:46
[2020 Steel Industry Outlook seminar] Domestic steel demand, to slow down until 1H, 2020
Steel demand is expected to slow down next year due to sluggish construction and manufacturing industries. In particular, both the automobile and shipbuilding
2019-11-02 07:47
POSCO C&C´s 3Q earnings, fell sharply YoY
POSCO C&C´s third-quarter earnings have worsened compared to the same period last year.According to a consolidated financial statement (preliminary) released by POSCO C&C on Oct.24, sales and operating profit fell 3
2019-10-28 12:07
Will domestic rebar prices, stop falling?
Although rebar makers announced their price policy with a strong will to raise prices, market prices have not changed much yet. However, the lowest price, whi
2019-10-24 14:16
Hyundai Steel, set the list price of rebar distribution at KRW660,000
Hyundai Steel took a measure to keep rebar distribution prices from falling further. On Oct.21, Hyundai Steel said it will set the list price of rebar distrib
2019-10-23 11:23
Steel pipe imports came to 47,424 tons in Sep, up 8.2% YoY
Imports of steel pipes increased in September YoY.Steel pipe import data, compiled by the Korea Iron & Steel Association, came to 47,424 tons in September, up
2019-10-20 19:28
Steel plates for shipbuilding likely to increase by KRW30,000 in 2H
Negotiations on the price of the steel plates for the second half of the year between the nation´s top steelmakers(POSCO, Hyundai Steel and Dongkuk Steel) an
2019-10-17 10:39
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
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1 Decline in rebar demand, sharper in 2H
2 Sense of crisis in the steel rebar market, growing more than ever
3 CR distribution industry, busy coping with a price cut by POSCO
4 POSCO · Hyundai Steel, recovery in HR export to be tough
5 SeAH Changwon Integrated Special Steel, to replace Japanese tubes withe domestic goods
6 Domestic H-beam prices, returned to the level in Oct
7 Dongkuk Steel, raised the price of color steel supplied to home appliance makers
"Hyundai Steel, set to increase H-beam price to KRW800,000"...head of distribution team
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 >
S∙Korean rebar makers’ profit ratio havled in Oct
Concerns growing over profitability of the tin plate ind
Scrap inventories of S〮Korean EAF mills declined
Dongkuk Steel, raised the price of color steel supplied
POSCO · Hyundai Steel, recovery in HR export to be tou

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