Reportedly, the Korean blast furnace (BF) mills’ prices fell slightly in the second quarter of this year. It’s learned that Posco and Hyundai Steel’s domestic selling prices of hot rolled coils (HRC) averaged at ...
Tags: HRC Prices, Mineral
It’s reported that SSAB North American Division (NAD) announced to raise its prices of medium heavy plates by US$25/short ton, effective immediately. It’s known that the major steelmakers in North America including ...
It’s reported that Korea’s import prices of hot rolled coils (HRC) and heavy plates drop in July. According to statistics, Korea’s HRC import prices averaged at US$594/ton in July, decreasing by US$8/ton from a month ...
Tags: HRC Import Prices
It’s reported that the spot prices of heavy plates did not increase as well after the US steelmaker announced to hike the heavy plate prices by US$33/ton. With the enough stock from the local stockiest, the customers were not ...
Tags: Heavy Plate Price
According to report made by the Posco Research Institute (Posri), Korea’s domestic demand for finished steel products will rise slightly by 1.5% year on year to 26.48 million tons in the second half of this year. Posri indicated ...
Tags: Domestic Steel Demand
Korean steelmaker Hyundai Steel’s production of steel flat products totaled 4.08 million tons in the second quarter of this year, soaring by 21% from a quarter ago, boosted by increased hot strip capacity and higher demand. Among ...
Tags: Hyundai Steel, Steel Flats
It’s reported that China’s Hebei Steel released its price for steel flat products for August. The company decided to raise its prices for hot rolled coils/plates by RMB150/ton and hiked its prices for cold ...
Tags: Hebei Steel, HRC Prices
According to data released by the Korea Iron & Steel Association (KOSA), Korea’s heavy plate output totaled 761,000 tons in May, rising by 2% from a month ago and reaching the highest level since this year. However, the ...
Tags: Heavy Plate, Mineral
According to data released by Brazil’s foreign trade ministry (MDIC), Brazil’s imports of steel flat products including carbon steel and non-alloy totaled 517,168 tons in the first half of 2013, slumping by 44% from 923,911 tons ...
Tags: Steel Flats
It’s reported that Taigang Stainless, the largest stainless producer in China released its prices for domestic market for July. The company decided to cut its domestic prices for 304 grade stainless coils with 2B and No.1 finish ...
It’s reported that Taigang Stainless announced its price policy for carbon medium heavy plates for July. The company decided to cut its prices for carbon medium heavy plates by RMB100/ton for June. After the adjustment, its ...
Nucor, one of the major steel manufacturers in the US said that d its sales profits in the second quarter might be lower than the market analysts' forecast due to decreased steel melting sales in the given period of time. The company said ...
Tags: Construction, steel
Recently, Baosteel Special Material Co., Ltd. (referred as Baosteel Special Material) has completed the first shipment of duplex stainless steel for nuclear power industry, the duplex stainless steel plates are to be used in the 2 nuclear ...
Tags: Duplex Stainless Steel, Baosteel
It’s reported that the Brazilian steelmakers may fail to raise prices for steel flat products due to weak steel prices in international market and low-priced imports into the Brazilian market. In the first quarter of ...
Tags: Steelmakers, Prices, Brazilian
It's reported that the Russian steel producer Severstal planned to invest US$6.4 million to upgrade equipment including a Sever-6 type ultrasonic testing (UST) unit and a controlled cooling unit (CCU) at the plate rolling facility No. 3 of ...
Tags: Construction, Metallurgy, Mineral, Energy