Korea’s Posco announced to start hot runs at Pohang’s new Finex iron-making plant early this week. The company’s No.3 Finex plant is scheduled to provide 2 million tons per, and it is planned to be commissioned within ...
Tags: Korea, Posco, Finex iron-making plant, No.3 Finex plant
According to statistics released by the Korea Iron & Steel Association, the country’s output of hot rolled coils (HRC) totaled 2.96 million tons, up by 0.1% from a month ago and soaring by 13% year on year. It’s analyzed that ...
Tags: Korea Iron&Steel Association, output, hot rolled coils, rise
The Ministry of Economy of Mexico (SE) desisted in the antidumping investigation of cold rolled steel from Korea after the commitment of exporters to reduce shipments and market the product according to the domestic market. The Official ...
Tags: Steel, Steel News, Ad Investigation
It is reported that United States USS-Pohang iron and steel company on January 14th planned to cut 690 jobs but it was still not clear whether the layoff was temporary plan. It is understood that the plant currently employs about 800 ...
Tags: Steel, Steel News, USS-Posco
New advanced materials like MOFs (metal organic frameworks), advanced high-strength steel, and carbon nanotubes have the potential to enable novel products and disrupt existing businesses. However, material commercialization timelines are ...
Tags: Construction, Decoration
South Korea’s Posco announced that the company has started the operation with an annual capacity of 300,000 tons of cold rolled non-directional electric steel sheets plant in India's Maharashtra state. The plant has begun production ...
Tags: steel, metallurgy
It is reported that Korea iron and steel enterprises planned to expand capacity and growth in end-user industries such as the automobile industry and raw materials demand in 2014.Therefore, the country expected both domestic demand and ...
Tags: steel, metallurgy
South Korea's steel export was down by 4.3% in 2013, the first time within 4 years. According to Korea Iron and Steel Association, the steel exports totaled at 29.2 million tons in 2013, dropped by 4.3% from 30.5 million tons a year ago. An ...
Tags: Steel, Construction
Vietnam's Ministry of Industry and Trade recently issued a decision on application of provisional antidumping measures on certain imported cold-rolled stainless steel. The ministry said on its website on Friday that the decision was ...
Tags: Antidumping Taxes, Stainless Steel
Vietnam's Ministry of Industry and Trade has announced that it has decided to impose provisional antidumping (AD) duty on certain cold rolled stainless steel from China, Indonesia, Malaysia and Taiwan. The provisional antidumping duty ...
Tags: Rolled Stainless Steel, AD Duty
Irvan K.Hakim, the president director of state-owned steel producer PT Krakatau Steel, said yesterday that the newly inaugurated integrated steel plant Krakatau-Posco will launch production in the beginning of 2014. Krakatau-Posco, a ...
Tags: steel, metallurgy
Indonesia-based steelmaker PT Krakatau announced that the company president Susilo Bambang Yudhoyono has inaugurated PT Krakatau Posco on December 23, the joint venture between South Korean steel giant POSCO. This integrated steel mill is ...
Tags: steel, metallurgy
The Korean steel giant POSCO announced that it began operation of its first blast furnace in Indonesia in order to fulfill the surging steel demand in the Southeast Asian country. The blast furnace is a joint venture project with Krakatau ...
Tags: steel, metallurgy
It is reported that the Korean steel giant POSCO firmly believes that POSCO plant's 3rd Finex iron making facilities under construction will be completed in January next year, as planned. However, two construction workers killed in the ...
Tags: Construction, Steel
Shin Hyon-yook, team leader from Posco’s marketing strategy department said that Korea’s production of hot rolled coils (HRC) would rise by 6% year on year to 2 million tons in 2014, driven by increased production capacity by ...
Tags: HRC, metallurgy