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Analysis  Chinese STS price, moving closely with carbon steel price
- Both carbon steel and STS price turned downward in Oct
- STS and carbon steel have shown similar trends in the last two years
2018-12-04 15:38
 
There is an industry theory that the price of stainless steel(STS) lags behind the price of Chinese ..
 
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1 Domestic furnaces´ roll margins, to decline for the time being
2 Hyundai Steel froze the import price of Japanese steel scraps
3 POSCO, seeking to raise the offer price of CR sheets
4 POSCO´s HR exports, expected to rebound in 2H
5 Scrap inventory increased significantly this week
6 Average export and import price of CR coil increased in June
7 CR exports decreased while imports surged in 1H
 
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CR exports decreased while imports surged in 1H
Steel plate imports rose more than 1.5 times YoY in 1H
HR exports rose while imports declined in 1H
Average export and import price of CR coil increased in J
Scrap inventory increased significantly this week
 
Korea Steel Price >
Kinds
Maker sale
Distribution
Importer sales
1,060
7**
6**
1,060
7**
6**
-
7**
7**
725
7**
6**
900
8**
7**
-
2***
2***
950
8**
-
*Benchmark: Primary distribution basis (KRW(won)/Kg)
Korea Steel Scrap Price >
Kinds
Seoul-Incheon
Yeongnam area
Average
3**
3**
3**
2**
2**
2**
2**
2**
2**
2**
2**
2**
2**
2**
2**
*VAT Not included (KRW/kg)
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