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Chinese steel prices, bottoming out...Korean steel analysts
2018-12-03 15:19
 
A number of steel analysts at South Korea`s major brokerage firms predict that the chances are low t..
 
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1 Chinese HR customs clearance, the lowest of the year in May
2 [Sales in May] South Korea´s steel plate sales hit the year´s high in May
3 Sales of POSCO´s CR coated steel declined YoY
4 Special steel bar exports declined for the first time this year in April
5 U.S. cuts tariffs on POSCO´s HR steel -sources
6 Rebar consumption, to decline in 2H
7 Daehan Steel, to cut the price of all grades of scraps on June 21st
 
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Special steel bar exports declined for the first time thi
Sales of POSCO´s CR coated steel declined YoY
China´s crude steel output hit a record high in May
Daehan Steel, to cut the price of all grades of scraps on
U.S. cuts tariffs on POSCO´s HR steel -sources
 
Korea Steel Price >
Kinds
Maker sale
Distribution
Importer sales
1,060
7**
6**
1,060
7**
6**
-
7**
7**
715
6**
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**
3**
3**
3**
3**
3**
3**
3**
3**
3**
3**
2**
2**
*VAT Not included (KRW/kg)
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