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POSCO E&C Signed US$600 Million Contract for Steel Mill Project with CSS in Incheon

Nov 28, 2013

POSCO Engineering & Construction (POSCO E&C) announced Tuesday that it signed a US$600 million contract for a steel mill project with Brazil-based Companhia Siderúrgica Suape (CSS) in its Songdo office in Incheon. The project is ...

Tags: POSCO E&C, sign, million, contract, Companhia Siderúrgica Suape

Chinese Hebei Steel Released Its Price Policy for Steel Flat Products for April

Mar 28, 2013

It’s reported that the Chinese Hebei Steel released its price policy for steel flat products for April. The company decided to cut its list prices for hot rolled steel plates and coils by RMB380/ton, to reduce its list prices of cold ...

Tags: Hebei Steel, Cuts Prices, Steel Flats

Seven South Korean Steelmakers Were Fined a Combined USD 273 Million

Jan 6, 2013

Bloomberg reported that antitrust body fined POSCO, Hyundai Hysco Co and five other South Korean steelmakers were fined a combined KRW 291.7 billion (USD 273 million) for fixing the price of some products. The Fair Trade Commission ...

Tags: antitrust body, POSCO, Hyundai Hysco Co, fine, price fixing

Korean Steelmakers Were Fined by Its Antitrust Body for US$273 Million

Jan 5, 2013

The Korean largest steelmaker Posco and the biggest automaker Hyundai Hysco Co. together with five other steelmakers of the country were fined by its antitrust body for a total amount of 291.7 won billion (US$273 million) for fixing the ...

Tags: Korean, steelmaker, Posco, automaker, Hyundai Hysco Co, monopolization

Hebei Steel Wants to Increase The Prices for Steel Flat Products in December

Nov 29, 2012

Chinese steel giant Hebei Steel announced to raise the prices for steel flat products by RMB50~RMB170/ton averagely for December. The firm decided to increase the prices for medium heavy plates and cd rolled steel plates/coils by ...

Tags: steel giant, steel flat products, medium heavy plates

Hebei Steel Announced to Raise The Prices for Steel Flat Products for December

Nov 28, 2012

Chinese steel giant Hebei Steel announced to raise the prices for steel flat products by CNY 50 to CNY 170 per tonne averagely for December 2012. The firm decided to increase the prices for medium heavy plates and cd rolled steel plates ...

Tags: Hebei Steel, steel price, steel market, steel flat product

Benxi Steel Announced Its Price Policy for December 2012

Nov 28, 2012

It is reported that Benxi Steel announced its price policy for December 2012. The firm decided to raise the list prices for hot rolled steel plates coils by CNY 150 per tonne, to increase the prices for cold rolled steel plates coils and ...

Tags: Benxi Steel, steel price, price policy, rolled steel plates

The Influx of Imported Steel Products Had Caused an Oversupply

Nov 7, 2012

The Jakarta Post reported that low average selling price of steel resulting from an oversupply in the domestic market hit earnings of the country's major steel producers in the first nine months of this year. Mr Edward Pinem executive ...

Tags: Industry Trends, Fasteners, steel

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