According to statistics released by Korea Iron & Steel Association (KOSA), the country's hot rolled coil (HRC) output totaled 2.68 million tons in September, rising by 10% from a month ago. The rise was boosted by Hyundai Steel's ...
Tags: HRC, Construction, steel
It’s reported that Korean steelmaker Hyundai Steel said that its output of finished flat and long products dropped by 6% from a quarter ago in the third quarter of this year, due to facility maintenance and sluggish demand in summer. ...
Tags: Hyundai Steel, steelmaker
South Korean steelmaker Hyundai Steel has announced that it is seeking to import iron ore from the Port of Manzanillo in Mexico, according to a statement by the Port Authority of Manzanillo. The port statement said that the first iron ore ...
Tags: Hyundai Steel, Iron Ore
Currently, the Korean steelmakers Posoc and Hyundai Steel have both cut its export prices of hot rolled coils (HRC) to US$560/ton FOB from US$570~US$580/ton FOB in September, affected by decreased HRC export prices offered by Chinese ...
Tags: Construction, steel
Hyundai Steel, the second largest steel maker in Korea said on Thursday that it plans to merge with Hyundai Hysco Co's auto steel sheet making division. The merge is to cut costs and improve profitability said Hyundai Steel. The Board of ...
Tags: Steel, Construction
According to data released by Korean Iron & Steel Association (KOSA), the country's exports of carbon steel hot rolled coils (HRC) totaled 331,900 tons in September, rising by 22% from a month ago. Industry sources said that the rise in HRC ...
Tags: HRC, Construction, steel
It's reported that Korea's output of hot rolled coils totaled 2.44 million tons in August, falling by 13% from a month ago and decreasing by 16% year on year, according to data released by the Korea Iron & Steel Association (KOSA). In the ...
Tags: HRC, steel, Construction
According to data released by Korea Iron and Steel Association (KOSA), the country' exports of carbon hot rolled coils (HRC) totaled 273,000 tons in August, slumping by 40% year on year and touching the lowest level of this year. In the ...
Tags: HRC, Construction, steel
It's reported that the Korean steelmaker Hyundai Steel planned to start ordering equipment for the new specialty steel long product plant at its Dangjin works in October. The new plant will own capacity of 1 million tons of specialty steel, ...
Tags: steel, Construction
It is reported that Korea's Hyundai Steel fired up its third blast furnace, a move interpreted as to grab market share from POSCO and Japan for supplying the cars and ships industry. Hyundai Steel started its first blast furnace in 2010 to ...
Tags: Hyundai Steel, Construction, steel
It's reported that the Korean steelmaker Hyundai Steel said that it planned to raise its export prices of H-beam products by US$10~US$15/ton for September. After the adjustment, the new export prices of its base-sized H beams would be at ...
Tags: Steel, H-Beam, Construction
Affected by the higher scrap prices and lower production capacity, the Korean major steel mills have planned to hike bar price and the price rise is expected to become effective in this month. However, it’s said that the price rise ...
Tags: Steelmakers, Bar Prices
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 Korean steelmaker Hyundai Steel announced to raise its rebar prices by KRW20,000/ton from August 14th, in order to reflect higher raw material costs, increase steel longs prices and tight supply. It’s ...
Tags: Hyundai Steel, Rebar Prices
It’s reported that Korean steelmaker Hyundai Steel announced to hike its export prices for H beams and other sections by US$20~US$30/ton for August orders. After the adjustment, the export prices for H beams are at US$700~US$720/ton ...