Korean steel giant Posco announced that its sales volumes of cold rolled (CR) steel products dropped obviously in February. It’s learned that the sales volumes of Posco’s 7 major CR steel products totaled 1.031 million in ...
Tags: steel giant, Posco, steel
Korean steel giant Posco is visiting Chile and Argentina in a bid to find salt lake to produce lithium at low cost. President and CTO of Posco, Ohjoon Kwon said that the company is flying to Argentina and Chile to talk about the energy ...
Tags: POSCO, steel giant, steel
According to report made by Posco Research Institute (Posri), Korea’s domestic demand for steel products might be at 54.08 million tons this year, rising slightly by 0.1% from a year ago. Posri pointed out that the demand from ...
Tags: steel demand, steel, steel products
It’s reported that Afferro Mining inked an agreement with Korean Posco to develop mines in Cameroon. In February 25th, the two companies signed a memorandum of understanding (MoU) to develop three iron mines Nkout, Ntem and ...
Tags: Posco ink, mines, Nkout mine
It’s reported that Afferro Mining inked an agreement with Korean Posco to develop mines in Cameroon. In February 25th, the two companies signed a memorandum of understanding (MoU) to develop three iron mines Nkout, Ntem and ...
Tags: Posco ink, mines, Nkout mine
It’s reported that Korean Posco Specialty Steel (Posco SS) announced to leave its domestic prices for its austenitic stainless wire rod and bar unchanged for March. Market insiders pointed out that the country’s demand for ...
Tags: stainless rod, special steel, steel
According to report, Japan’s Maruichi Steel Tube said it will life up all steel pipe and tube prices by ¥10,000/ton (US$108/ton) for April shipments. The price rise reflects the higher input costs, especially the hot rolled coils. ...
Korean steel giant Posco announced to leave its domestic list prices for austenitic and ferritic stainless steel coils unchanged for March. Posco stated that it decided to roll over its stainless coil domestic prices for March due to ...
POSCO reportedly is planning to buy a controlling stakes worth US$333 million from STX Pan Ocean Co. However spokeswoman of POSCO denies this information and said it would not considered any bid for STX Pan Ocean. It’s said that ...
Tags: POSCO, steel, steel industry
Asian steel markets keep soaring as the import prices of hot rolled coil in South East Asia have hiked to US$670~690/ton in early February, up by nearly US$70/ton from the beginning of 2013 due to price up in Iron ore and production cut by ...
British mineral exploration and development company Afferro Mining Inc. has announced that it has signed a non-binding memorandum of understanding (MoU) with POSCO Africa (Pty) Ltd., a wholly-owned subsidiary of South Korean steel producer ...
Tags: iron ore projects, iron, ore
South Korea-based steelmaker POSCO has announced that it has won an order for the supply of 88,000 mt of 11 types of thick steel plate for a floating production storage and offloading (FPSO) vessel, which is one of the world`s largest oil ...
According to Taiwan's ministry of finance said it planned to the investigation reviews for the alleged dumping of stainless steel cold rolled products import to Taiwan from China and South Korea. The petition has conducted by two of ...
Tags: stainless CR, stainless steel cold rolled products, stainless producers
It is reported that Posco announced to build a new auto sheet processing center in Indonesia in order to meet the strong demand from automobile industry in worldwide. The new company formation is under name as No. 2 Posco-Indonesia Jakarta ...
German plantmaker SMS Siemag has announced that it will deliver the world's largest submerged arc furnace with six electrodes for POSCO SNNC, South Korea-based steel producer POSCO's ferronickel subsidiary, for the production of ferronickel ...
Tags: submerged arc furnace, POSCO SNNC, nickel