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
Korean steel giant Posco and the largest carbon steelmaker in Taiwan China Steel Corp. (CSC) have both hiked the prices for steel flat products to Japan by US$50~US$70/ton for the fourth quarter. The price rise is mainly to reflect higher ...
Tags: Steel Flats
It's reported that the Korean steel giant Posco held an opening ceremony for Posco- Italy Processing Center (Posco-ITPC) in Verona, northern Italy on October 10th. Posco expected that the new stainless cold rolled coil (CRC) processing ...
Tags: steel, Construction
The Vietnamese government is considering the removal of a 15 percent export duty on stainless steel scrap to reduce the financial burden on domestic stainless steelmakers, according to media reports. The government also is mulling a zero ...
Tags: Stainless Scrap, Mineral
Torishima Pump Mfg Co Ltd has received an order from Posco Engineering & Construction Co Ltd to supply 14 pumps for the Cochrane Thermoelectric Power Plant in Chile. The order covers six boiler feed pumps, four condensate pumps and four ...
Reportedly, Austria's plantmaker, Siemens VAI announced on September 19 that a single-strand continuous stainless steel slab caster, capable of producing the world's thickest stainless steel slabs was commenced operation in July for Posco's ...
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 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
POSCO Coated & Color Steel Co. ,Ltd. (POSCO C&C) planned to build a new color-coating sheet plant with the military-run company Myanmar Economic Holdings Ltd (MEHL) in Myanmar. It's known that POSCO C&C will hold 70% stakes in the joint ...
Tags: Construction, Decoration, steel
The Korean steel giant Posco has resumed the facilities at its No.2 steelmaking plant in Gwangyang works after a shutdown in August due to a fire in the plant. Posco stated that its No. 1 converter was resumed on September 2nd and the No.2 ...
Tags: Construction, steel
It's reported that the Korean steelmaker Posco Specialty Steel announced to remain its domestic prices for austenitic stainless wire rods and bars unchanged for September due to higher nickel prices in mid-August. The official of Posco SS ...
Tags: Construction, steel, Stainless Rod
The Korean steel giant Posco announced to hike its list prices for austenitic stainless coil prices by KRW100,000/ton for September. After the adjustment, its list prices for 304 grades hot rolled coils (HRC) and cold rolled coils (CRC) are ...
Tags: Stainless Coil, Construction
It’s reported that India is having the ambition to build the first gigantic steel mill with 12 million tons per annum capacity a step in the direction to achieve 300 million tons capacity by 2025. The Indian state-owned miner National ...
Tags: Gigantic Steel, Mineral
Reportedly, the Korean steel giant Posco has officially commissioned its new stainless steel cold rolling mill in Turkey. It’s known that the designed annual production capacity of this new stainless steel cold rolling mill is at ...
Tags: Stainless CR Mill
The opening ceremony of POSCO Assan TST, the Turkey-based stainless steel producing joint venture of South Korean steelmaker POSCO, Turkey's Kibar Holding and Daewoo International has been held on August 15. Posco Assan TST, which will ...
Tags: Annual Exports, Mineral