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(4-3 North American rig counts ) Continue to decline for 9th consecutive week
North American rig counts recorded a decline last week, continuing their decline for the ninth consecutive week. As of April 17, U.S. rig counts reached 529, down 12.1% from the previous week and 47.7% from the previ
2020-04-20 11:55
Australia initiates anti-dumping investigation on S. Korean steel pipes
On March 31, the Australian Anti-Dumping Commission started anti-dumping investigations into steel pipes from South Korea, China, Taiwan, and Vietnam. The com
2020-04-07 13:43
Sales· production of wire rope plunged in Feb
The impact of Covid-19 seems to be materializing in earnest as production and sales of wire rope, plunged in February. According to the KOREA IRON & STEEL ASS
2020-03-30 23:20
[3-3 Steel pipe] Despite fierce price competition, demand still low
The domestic steel pipe market entered the second half of March. On the surface, the steel pipe market appears to be quiet due to weak demand. But the price c
2020-03-25 06:43
Chinese wire rod prices, rebounding
Transaction prices of wire rod in China rebounded slightly from the previous week. The market price of the wire rod (8 mm) traded in Shanghai in the third wee
2020-03-23 09:16
SeAH special steel´s sales and profits both fell last year
SeAH special steel´s sales and profits both fell last year. According to a recent audit report submitted by the company, consolidated sales fell 0.8% YoY to KRW717.4 billion in 2019. Along with sales, operating prof
2020-03-17 15:21
[3-2] North American rig counts↓, oil prices plunge
The North American rig counts have been dropping slightly. As of March 14, the rig counts in the United States edged down to 792, while those in Canada fell b
2020-03-16 11:33
KISWIRE`s sales increased, net profit surged
KISWIRE`s sales increased slightly last year, but its operating profit plunged and net profit showed a sharp increase. Sales rose 3.9% YoY to KRW1.6 trillion
2020-03-10 12:36
Orders for marine plants expected to remain low this year
With orders for marine plants expected to remain low this year, related demand is expected to remain sluggish."The LNG project of Australia´s Woodside, one o
2020-02-24 16:19
Exports of OCTG increased, but pipeline exports declined in 2019
Exports of OCTG increased last year, while those of pipelines declined. According to the KOREA IRON & STEEL ASSOCIATION, exports of OCTG totaled 356,650 tons
2020-02-14 17:34
CBSI fell 20.5p MoM to 72.1 in Jan
According to the Construction Business Survey Index (CBSI) released by the Construction and Economy Research Institute of Korea(CERIK), the construction busin
2020-02-13 08:38
Production and sales of steel pipes, down 7.2% YoY in 2019
Production and sales of steel pipes decreased in 2019 compared to 2018.Total output of steel pipes came to 4,646,771 tons in 2019, down 7.2% from 56,919 tons
2020-02-06 18:32
Hyundai Steel, to raise prices of steel pipe products in Feb
Hyundai Steel has decided to raise prices of all its steel pipe products in February. The steelmakers explained that it notified its dealers of the decision t
2020-01-17 16:44
SeAH Steel, to cut the price discount rate for steel pipe products
SeAH Steel will reduce the price discount rate for steel pipe products.SeA Steel decided to reduce the discount rate of black and white pipes by 7 and notifie
2020-01-07 16:12
S∙Korean structural pipe makers, paying attention to rising offer prices
Structural pipe makers are paying attention to rising offer prices suggested by Chinese material makers.As offer prices suggested by Chinese material makers r
2019-11-22 12:56
 
 
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Interview
Steel industry in 2019 – Kim Young-joong, senior vice president of marketing strategy at POSCO
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