South Korean steel maker POSCO has started construction on an automotive steel sheet plant in Thailand which is expected to be completed by 2016. The plant will be producing galvanized steel sheet for automotive applications and the plant ...
Tags: POSCO, Steel Sheet Plant, Accessories
South Korean steelmaker POSCO has announced that it has broken ground for its continuous galvanizing line (CGL) to produce quality galvanized steel sheet for automotive applications in Rayong Province, Thailand. The new line with an annual ...
Tags: POSCO, Continuous Galvanizing Line, Energy
US steel sheet prices stayed flat on Tuesday as mills remained reluctant to offer lower prices, but sources noted that downward pricing pressure is continuing to develop. Platts maintained its hot-rolled coil assessment at $675-685/st, ...
Tags: Steel Sheet, hot-rolled coil
The US sheet steel market might be in for another stretch of relative stability, as new upcoming outages balance import pressure and drab demand, market sources said Thursday. One industry consultant said manufacturing -- and thus steel ...
Tags: Steel Sheet, steel consumption
The US hot-rolled coil steel sheet market Wednesday saw prices trend move down for the second time this week as buyers and at least one producer reported lower offers and transaction prices. One Midwestern service center source said HRC ...
Tags: Steel Sheet, Hot-Rolled Steel
The US steel sheet market remains relatively steady, though a lack of buyer urgency may be eroding the bottom range of hot-rolled pricing, market sources said Monday. A top-tier mill source said import buying has picked up but domestic ...
Tags: Steel Sheet, top-tier mill
The US steel coil market remained tight Monday as lead times are now stretching into June and July and mill discipline continues to be iron-clad, market sources said. "They're a little flexible on volume, but it really depends on who ...
Tags: Steel Sheet, steel coil
The US steel sheet market continued to report offers from producers above published minimum base prices, as mills look to keep upward pressure on pricing amid supply tightness. Buy-side sources reported higher offers from multiple mills ...
Tags: Steel Sheet, Steel Sheet Market
The US steel sheet market was relatively quiet on Friday because many were out of the office before the Easter holiday, though one top-tier mill indicated it would be pushing higher prices after the weekend. The top-tier mill plans to ...
Tags: steel sheet, top-tier mill
Citing mill discipline and some lingering supply problems, the US sheet market is reporting higher cold-rolled coil prices in the Midwest, but market participants have noted that the widening spread between CRC and hot-rolled coil may be ...
Tags: CRC Prices, Chemicals
The U.S. carbon steel sheet market represents quiet during Christmas and New Year holiday. However, the price will boost for the first quarter of 2014 with deduction of discount by most steel mills. So far, the ex-word price of hot rolled ...
Tags: steel, metallurgy
US steel sheet prices are likely headed higher as mills appear to be maintaining tight discipline, market sources said Thursday. Platts maintained its hot-rolled coil assessment at $670-680/st and its cold-rolled coil assessment at ...
Tags: Steel Sheet, hot-rolled coil
US flat-rolled prices may be slowly inching up as a result of the increases announced last week, though at least some market sources said their primary effect has been to stall late-year price erosion. "It's tightened the range back up, ...
Tags: Construction, steel, Steel Sheet
Supply remains relatively tight in the US sheet market, apparently slowing seasonal erosion, market sources said Thursday. A service center executive said that flat-rolled lead times, particularly cold-rolled lead times, were healthy due ...
Tags: Sheet Steel, Mineral
The auto parts joint venture plant of Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corporation (WISCO) with Chinese automobile manufacturer Chery Corporation has commenced production operations ahead of schedule, ...
Tags: Chery Starts Production, Iron