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 STS / Special steel
South Korea’s STS CR export, back to 50,000-ton range in April
South Korea’s exports of stainless steel(STS) cold-rolled(CR) coil declined to 50,000-ton range in April. According to the Korea Iron & Steel Association, ex
2019-06-10 04:25
POSCO´s price cut, a surprise to the STS distribution market
POSCO´s decision on June 3 to cut the supply price of STS to distributors by KRW100,000 came as a surprise to the STS distribution market. There will be two
2019-06-03 15:07
POSCO´s management strategy and Korean government’s role
Stainless steel(STS) has characteristics of tradable commodities. Although it is classified as a steel product, its cost structure is completely different fro
2019-06-03 12:14
Interview Gilsan, to form a joint venture with China´s TSINGSHAN
Korea-China joint stainless steel(STS) manufacturer GTS plans to begin construction of the plant in the second half of this year in Mium Industrial Complex in
2019-05-30 13:40
Rumors spreading that Tsingshan has set up a joint venture with Gilsan Steel
While rumors about a joint venture of Tsingshan Iron & Steel began to spread on the market on May 27, it has become official that joint venture partner is Gil
2019-05-30 08:18
STS HR imports, maintained 40,000 tons in April
The volume of stainless steel(STS) hot-rolled(HR) imports has maintained at 40,000 tons for the second straight month. According to statistics from the Korea
2019-05-28 14:51
Tsingshan, submitted a letter of intent to invest STS CR plant in Korea
According to industry sources, Tsingshan Iron & Steel has submitted letters of intent to stainless steel(STS) cold-rolled(CR) plants in Malaysia and Europe, a
2019-05-28 11:33
STS prices in Asia remain weak
Stainless steel(STS) prices in the Asian market remain weak. STS prices have been declining slightly led by cold-rolled(CR) STS. However, major STS makers in
2019-05-28 04:34
Focus Carbon steel importer, cut sales prices, but STS importers going the opposite way
The won-dollar exchange rate has once again hit a new high this year due to intensifying U.S.-China trade disputes. The won-dollar exchange rate has now appro
2019-05-21 12:15
STS HR exports, recovered to the 70,000,000-ton range in Mar
The export volume of stainless steel(STS) hot-rolled(HR) recovered to the 70,000-ton range. According to the Korea Iron & Steel Association, South Korea’s ST
2019-05-13 10:38
Focus Will the STS import industry increase prices?
The won-dollar exchange rate surpassed KRW1,170 as of May 3. With the exchange rate hitting the highest in two years and three months, attention is focusing o
2019-05-13 03:56
Seahbesteel turned to a profit in the 1Q
Seahbesteel announced preliminary earnings for the first quarter of this year. The company said its operating profit and net profit both turned to a surplus f
2019-05-07 18:02
South Korea’s STS CR exports, recovered to 60,000 tons in Mar
South Korea’s exports of stainless steel(STS) cold-rolled(CR) coil again recovered to 60,000 tons in March. According to the Korea Iron & Steel Association, exports of STS CR reached 59,065 tons in March, up 23.1% M
2019-05-07 13:13
STS import industry, profits deteriorating due to surging FX rate
The won-dollar exchange rate increased close to KRW1,160 as of April 25. With the exchange rate hitting the highest in two years, the payment burden of import
2019-04-30 06:23
Indonesia’s exports of STS to China, surged in Feb
Indonesia’s exports of stainless steel(STS) to China and Malaysia surged in February.According to the latest trade data published by the Indonesian Statistic
2019-04-23 05:29
 
 
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