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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
Contribution Chinese steel market overview
Steel prices in the Chinese market plunged last week.A number of issues, including a continued rise in market inventories due to oversupply, a sharp fall in i
2019-08-13 20:02
The impact of Korea Customs Service´s radioactive testing on Japanese scraps
The Korea Customs Service´s switch to the full inspection of Japanese scrap imports has been found to have a huge psychological impact on Japanese scrap supp
2019-08-12 05:59
Will nickel price keep increasing?
The price of LME nickel turned higher again this week. The price of LME nickel broke the USD16,000 mark this week and has risen by more than USD2,000 compared
2019-08-11 11:24
POSCO Develops New Construction Technology to Stack up Three Floors at a Time
´POSCO-Box Column’ (P-Box Column) and ´Rebar Concrete Beam Jointing Method (No. 868)´, which were developed by POSCO, have been designated as new constru
2019-08-11 05:38
POSCO’s STS coil centers, to raise GS Steel prices
Major POSCO’s stainless steel(STS) coil centers have decided to raise the price of GS Steel, an import substitute. The decision can be attributed to the incr
2019-08-09 06:20
STS HR imports in 1H, the lowest in 6 years
South Korean’s imports and exports of stainless steel(STS) hot-rolled(HR) coil decreased three consecutive quarters. In the first half of this year, imports
2019-08-08 14:18
Issue Korean government´s restrictions on imports of Japanese scraps
South Korean government has started restrictions on Japanese steel scrap imports. Related industries are paying attention to possible changes in the supply an
2019-08-08 13:22
 
 
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MOST VIEWED >
1 South Korean EAF steelmakers, respond to deteriorated quality of Japanese scraps
2 Share of Chinese HR imports in the distribution market, down significantly
3 [ASF 2019] ´South Korean steel industry, to struggle next year´···Korea Iron & Steel
4 [Aug sales] KG Dongbu Steel posted sluggish sales of CR coated flat products
5 Husco sold its first plant in mid-June.
6 Chinese H-beam imports, expected to decline in 4Q
7 [ASF 2019] 'Steel consumption in ASEAN to grow this year'···secretary general of SEAISI
 
Interview
The future of automotive steel plates is still ´iron´ ···
Park Hyung-keun, a senior researcher at POSRI
Korea Steel Scrap Price News >
[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
[7-2 KSSP] KSSP continued to fall for the fifth consecut
 
Latest News >
[ASF 2019] ´Steel consumption in ASEAN to grow thi
[ASF 2019] ´South Korean steel industry, to struggle ne
Chinese H-beam imports, expected to decline in 4Q
[Aug sales] KG Dongbu Steel posted sluggish sales of CR
Husco sold its first plant in mid-June.
 
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