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Both exports and imports of steel products declined in Jan
In the first month of this year, both exports and imports of overall steel products fell both on a MoM and YoY basis.According to a recent survey compiled by
2020-02-24 10:39
HR prices, likely to change in April
Concerns have been raised that the price of hot-rolledHR) may face a huge change in April when POSCO`s fourth hot-rolled(HR) mill resumes operation after stre
2020-02-19 13:11
Billet, emerging as a new variable in the S.Korean scrap market
Billet is emerging as a new variable in the South Korean steel scrap market. Domestic EAF mills have been reducing production since the second half of last ye
2020-02-13 13:01
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
Nickel prices, expected to remain weak in the short term
Nickel prices have been volatile this year.Contrary to the initial prediction that nickel prices will be strong due to Indonesian government´s ban on exports
2020-01-18 14:24
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
POSCO and Hyundai Steel´s HR sales fell slightly in ´19
POSCO and Hyundai Steel´s production of hot-rolled(HR) edged up last year from a year earlier, but sales fell slightly due to a drop in domestic demand.Accor
2020-01-15 13:10
Imports of special steel bars fell to 30,000 tons in Dec
Imports of special steel bar for car parts dropped to 30,000 tons, marking the lowest level in recent years. According to statistics from the KOREA IRON & STE
2020-01-14 11:22
H-beam sales ´strong´ in Dec...annual sales ´better than expected´
Domestic H-beam sales of Hyundai Steel and Dongkuk Steel were brisk in December. The combined domestic sales of the two steelmakers came to 173,000 tons in De
2020-01-07 15:47
Issue Steel Daily´s Top 10 News for 2019
Many things have happened in the steel industry this year. The domestic steel industry had difficult time this year due to a sharp drop in raw material prices
2019-12-31 10:48
South Korean steelmakers’ scrap inventory, the lowest in a year
South Korean steelmakers’ scrap inventory declined further. The scrap inventory of the seven major steelmakers fell 0.7% WoW to 817,000 tons. With the entry
2019-12-26 12:19
Domestic supply of H-beams, to be greatly reduced in Jan
The domestic supply of H-beam is expected to be greatly reduced in January next year. Hyundai Steel expects its domestic sales to be below 90,000 tons in Janu
2019-12-26 12:17
Interview Steel industry in 2019 – Kim Young-joong, senior vice president of marketing strategy at POSCO
For this year of 2019, the steel industry saw its profits decline due to trade regulations and the price of products that failed to rise against the higher pr
2019-12-21 21:05
POSCO and Hyundai Steel , set to increase HR price
Possibilities are growing that domestic hot-rolled(HR) makers such as POSCO and Hyundai Steel will raise the prices. Already, POSCO is hinting at the possibil
2019-12-10 11:51
Average price of nickel, to be around USD15,000 - POSRI
POSCO Research Institute (POSRI) predicted that the average price of nickel will be around USD15,000 next year. The average price for nickel in 2023 is expect
2019-12-09 15:42
 
 
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MOST VIEWED >
1 Both exports and imports of steel products declined in Jan
2 S.Korean HR market, to be impacted by the COVID-19 virus
3 Steel plates exports decreased slightly, while imports fell sharply in Jan
4 Nominal consumption of special steel bars declined for three consecutive years
5 [2-3 KSSP] Scrap prices fell for the fifth week
6 Rebar · scrap spread fell 10% YoY despite a surge this year
7  
 
Interview
Steel industry in 2019 – Kim Young-joong, senior vice president of marketing strategy at POSCO
Korea Steel Scrap Price News >
[2-3 KSSP] Scrap prices fell for the fifth week
[1-5 KSSP] KSSP weak in the metropliotan area · flat in
[1-1 KSSP] Scrap prices remained flat for 2 weeks
[12-4 KSSP] Flat in the Seoul metropolitan area, decline
 
Latest News >
Nominal consumption of special steel bars declined for t
Rebar · scrap spread fell 10% YoY despite a surge this
Steel plates exports decreased slightly, while imports f
Both exports and imports of steel products declined in J
[2-3 KSSP] Scrap prices fell for the fifth week
 
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