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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
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
Hyundai Steel, to increase the price of steel sections
Hyundai Steel has announced a price increase for its steel sections. Hyundai Steel has decided to raise the lowest closing price of H-beams on May 30 and June
2019-05-21 11:04
Dongkuk Steel, posted KRW48.3 billion in operating profit in 1Q
Dongkuk Steel Mill Co., South Korea´s third-largest steelmaker, said that it posted KRW48.3 billion in operating profit in the first quarter on a consodiated
2019-05-20 15:38
Chinese HR clearing customs hit the year´s high in April
In April, the volume of Chinese HR clearing customs hit the year´s high. However, Chines HR imports are expected to gradually decrease as importers are reluc
2019-05-17 10:43
Scrap inventory declined for two consecutive weeks.
Scrap inventory held by South Korean EAF steelmakers have declined for two consecutive weeks.As of May 13, scrap inventory held by seven EAF steelmakers (see
2019-05-16 04:38
Focus Hyundai Steel´s mid- to long-term investment plan ①
Hyundai Steel is poised for a strong leap forward under the goal of, ‘A global steelmaker specialized in automotive steel sheets’. Hyundai Steel recently co
2019-05-14 10:50
HR importers, withdrawing from their import contracts for Chinese HR
South Korea´s hot-roll(HR) coil importers are reportedly withdrawing from their import contracts for Chinese HR. Korean importers say that entering new contr
2019-05-13 14:06
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
Expectations growing among distributors, scrap prices have reached the bottom
Business sentiment among scrap distributors are showing signs of a recovery. Expectations are growing among distributors that scrap prices have reached the bo
2019-04-30 10:09
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
STS imports clearing customs, increasing at a rapid rate
The volume of stainless steel(STS) clearing customs is increasing at a rapid rate. According to SteelDaily’s data, the volume of STS cold-rolled(CR) imports
2019-04-21 06:25
Has Chinese HR export price, reached the bottom?
China´s hot-rolled(HR) export prices are continuing to rise, breaking the year´s high. Given the recent strong raw material prices and the Chinese governmen
2019-04-18 06:25
Issue Fears over a price crash, spreading in the southern scrap distribution market
Fears over a price crash are spreading in the southern scrap distribution market in SouthKorea. The cause of the concern in the southern scrap market is KISCO
2019-04-17 12:08
 
 
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MOST VIEWED >
1 KG Group-led consortium to acquire Dongbu Steel
2 Expectations growing in the steel plate market over a price hike
3 H-beam import fell to the lowest of the year in May
4 H-beam distributors, worried about profits in June
5 How will domestic color market change after the sale of Dongbu Steel?
6 H-beams price, fell below KRW800,000 again
7 Scrap prices in the Seoul metropolitan area, under downward pressure
 
Interview
Gilsan, to form a joint venture with China´s TSINGSHAN
Korea Steel Scrap Price News >
[5-3 KSSP] Scrap prices increased last week
[5-1 KSSP] Scrap prices declined further this week
[4-2 KSSP] Scrap prices rose sharply on steel makers’ s
[3-4 KSSP] KSSP remian flat for the three consecutive we
 
Latest News >
Scrap prices in the Seoul metropolitan area, under downw
H-beams price, fell below KRW800,000 again
H-beam distributors, worried about profits in June
Expectations growing in the steel plate market over a pr
H-beam import fell to the lowest of the year in May
 
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