South Korea

Tags - South Korea
South Korea 's S-Oil has settled its first term 2020 paraxylene (PX) contract, which includes an Argus cfr Taiwan/China component, with China's Shenghong Petrochemical.
News ID: 7982    Publish Date : 2019/12/16

South Korea is in talks with the United States over Iran’s call for Seoul to resume exports of humanitarian goods to Tehran, a report said.
News ID: 7955    Publish Date : 2019/12/14

Lackadaisical European hot-rolled coil (HRC) demand is resulting in a very slow drawdown of the duty-free quota from the top six importing countries to the EU 28.
News ID: 7904    Publish Date : 2019/12/11

South Korea n leading EAF steelmaker - Hyundai Steel has resumed bidding for Japanese scrap this week after a couple of weeks. Company's bid have remain unchanged in last couple of weeks.
News ID: 7096    Publish Date : 2019/10/25

As per the data released by the World Steel Association (WSA), total crude steel production of 64 steel manufacturing countries stood at 1,391.067 MnT in (Jan-Sep) CY'19 as compared with 1,339.494 MnT in a similar time frame of CY'18.
News ID: 7091    Publish Date : 2019/10/25

According to customs data maintained with SteelMint, South Korea n mills have registered a sharp increase in bulk scrap bookings from US. South Korea scrap import bookings from US have increased over four-fold to 66,753 MT in Sept'19 against 15,923 MT in Aug'19.
News ID: 6860    Publish Date : 2019/10/12

South Korea n exports of electric vehicles (EVs) during January-September rose by 144pc from a year earlier to 49,160 units, supporting increased demand for cobalt and other key battery materials.
News ID: 6800    Publish Date : 2019/10/21

SteelMint in conversation with sources learned that Hyundai Steel has booked 45,000 MT HMS 1 scrap from US recently for Dec shipment.The deal was learned to have concluded at USD 244/MT, CFR basis. It is to be noted that with recent booking, bulk scrap bookings have come down by around USD 30. Prior to this in mid Sept'19, Hyundai Steel booked 45,000 HMS 1 scrap from US for Nov shipment at USD 275/MT, CFR basis.
News ID: 6704    Publish Date : 2019/10/04

South Korea 's Samsung SDI plans to invest 390bn forint ($1.29bn) in an expansion of its electric vehicle (EV) battery plant in Hungary, but a European Commission investigation of government incentives pledged to the company could complicate the project.
News ID: 6670    Publish Date : 2019/10/16

Chinese export coil prices have held at a premium to delivered Asean prices since mid-August. China in the past has pulled Asean prices higher to flip back to a discount, but this time the market expects China will be pulled lower.
News ID: 6581    Publish Date : 2019/10/09

South Korea n Ambassador to Iran Ryu Jeong-Hyun highlighted the East Asian country’s willingness to boost economic cooperation with the Islamic Republic and said the level of bilateral trade should return to that of the pre-sanctions era.
News ID: 6570    Publish Date : 2019/10/08

The 9th Asia Steel Forum- 2019, co-sponsored by Shanghai Ganglian E-Commerce Co., Ltd. (Mysteel), South Korea Steel & Steel, Japan Metal Daily, was held at 18-20 Sept’19 in Shanghai. The forum was attended by stalwarts from the steel industry across the globe. SteelMint was Media Partner for the event and the key takeaways from the conference were as follows:
News ID: 6476    Publish Date : 2019/09/21

Global ferrous scrap market observed downtrend in almost all major markets this week. Turkey observed further fall in prices in this week's cargo bookings, while south Asian markets continued to follow the downtrend. Japan's Tokyo Steel, as well as China's Shagang Steel, lowered their scrap purchase price twice this week while South Korea 's Hyundai steel booked Japanese cargo last week after a gap of few weeks.
News ID: 6372    Publish Date : 2019/08/31

South Korea is focusing on petrochemical investments to support its export-reliant economy, which has been hit by a trade war with Japan.
News ID: 6119    Publish Date : 2019/08/22

The Japan- South Korea trade dispute has halted spot sales of Japanese ferrous scrap to South Korea over risks from new radiation checks. Japanese sellers are weighing alternate markets for around 2mn t of scrap in the second half of 2019.
News ID: 6082    Publish Date : 2019/08/22

Indian Ferro Chrome prices have gone up marginally from last week as most producers reduced their production levels in line with poor demand. Limited Quantity is available in the domestic market as producers have reduced their allocation in the domestic market to curb the free fall of prices. However, this has been countered by demand in the domestic market which has remained sluggish.
News ID: 6034    Publish Date : 2019/08/18

In a recent policy transition observed in ferrous scrap industry, the South Korea n customs service department has increased their inspections on imported ferrous scrap from Japan, the largest scrap supplier to the country.
News ID: 5966    Publish Date : 2019/08/16

Discussions over imposing additional safeguard duties on steel imports are at an advanced stage at India's Directorate General of Trade Remedies (DGTR), the government body in charge of recommending safeguard duties.
News ID: 5944    Publish Date : 2019/08/15

Discussions over imposing additional safeguard duties on steel imports are at an advanced stage at India's Directorate General of Trade Remedies (DGTR), the government body in charge of recommending safeguard duties, India's steel ministry said.
News ID: 5941    Publish Date : 2019/08/15

Indian Ferro Chrome Prices have gone up in the recent past few weeks owing to better realizations in the export market along with higher Nickel prices and improvement in demand from Stainless Steel.
News ID: 5928    Publish Date : 2019/08/15

Most Like