Hyundai Steel

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South Korean steel mills have continued buying multiple bulk scrap cargoes at corrected prices since last two weeks. Massive scrap bookings comprising another 152,000 MT mixed scrap have been made for Mar-April deliveries this week.
News ID: 3418    Publish Date : 2019/01/26

This week observed strengthening of demand both in Turkey and Asian markets on limited inventories available.
News ID: 3371    Publish Date : 2019/01/23

South Korean steel mills have bought multiple bulk cargoes at corrected prices this week. Scrap purchase enquiries from US, Russia and Japan to South East Asian markets increased and steel mills remained in search for bulk cargoes at reasonable prices.
News ID: 3365    Publish Date : 2019/01/23

Global scrap markets remained slow this week on weak demand and limited trading activities. Turkish steel mills hold scrap buying resulting in prices to stand almost flat.
News ID: 2998    Publish Date : 2018/12/20

South Korea’s leading EAF steelmaker - Hyundai Steel has booked another bulk mixed scrap cargo from the US. After booking two bulk cargoes from US and Russia during early December, US scrap prices have fallen again in the recent contract.
News ID: 2991    Publish Date : 2018/12/19

As per recent updates received from sources, ‘Kanto Tetsugen’- monthly ferrous scrap export tender for Dec’18 concluded today (11th Dec) in the Kanto region in Japan. 20,000 MT H2 scrap was auctioned in the four winning bids presented with an average bid recorded at JPY 29,478/MT (USD 261), FAS in Dec’18.
News ID: 2964    Publish Date : 2018/12/18

Hyundai Steel , a pioneer steel maker in South Korea, invited Fives, an international engineering group on November 27-28, 2018 for a Future Tech Forum.
News ID: 2845    Publish Date : 2018/12/08

South Korea’s leading EAF steelmaker - Hyundai Steel has booked two bulk scrap cargoes one after another from USA and Russia last week in preparation for January requirement.
News ID: 2828    Publish Date : 2018/12/07

Steelmaker cuts scrap prices further by JPY 500-1000/MT (USD 4-9) today
News ID: 2827    Publish Date : 2018/12/07

Steelmaker cuts scrap prices further by JPY 500/MT (USD 4) at all works today
News ID: 2772    Publish Date : 2018/12/01

South Korea based HRC importers have turned active and are procuring material from China amid competitive steel prices along with tight supply in domestic market.
News ID: 2740    Publish Date : 2018/11/28

This week observed continuing downtrend in all major scrap markets on successively falling steel prices and fear of rising Chinese exports at declined prices.
News ID: 2727    Publish Date : 2018/11/28

This week imported HRC offers to Vietnam from China witnessed drop by USD 5-10/MT on W-o-W basis following steep fall in export offers from China.Weakening domestic market over dull trades resulted to falling steel prices in China. Nation’s HRC export offers is hovering around USD 535/MT FoB basis.
News ID: 2580    Publish Date : 2018/11/11

In September last month, the Indian steel ministry had initiated talks with Japanese and Korean steel companies for setting up a 5-mtpa steel plant through a joint venture with state-run Rashtriya Ispat Nigam (RINL) in Vizag (Visakhapatnam).
News ID: 2558    Publish Date : 2018/11/09

According to the latest reports, amid growing protectionism of U.S against steel imports, one of the key countries that is facing the real brunt is South Korea.
News ID: 2502    Publish Date : 2018/11/06

This week observed ‘stable to strong’ prices mainly in global scrap markets like USA, Turkey and South East Asia.
News ID: 2443    Publish Date : 2018/10/17

This week observed ‘stable to strong’ prices mainly in global scrap markets like USA, Turkey and South East Asia. Turkish scrap prices edge up in recent deals despite of softer finish steel and billet prices.
News ID: 2433    Publish Date : 2018/10/13

This week observed stability in Turkish prices amid few more deals concluded for Oct-Nov shipments. Following this, offers to Asian markets like India, Vietnam, Pakistan and Indonesia also assessed stabilized with limited deals reported.
News ID: 2361    Publish Date : 2018/10/04

This week observed further increase in prices in deals concluded by Turkish scrap importers amid tight supply. Following this, offers from major scrap suppliers remained strong in global markets to Asian markets like Taiwan, India, Vietnam, Pakistan, Indonesia and Bangladesh.
News ID: 2263    Publish Date : 2018/09/25

This week observed more cargoes being booked by Turkish scrap importers at slightly higher prices. This pushed up global scrap offers in other Asian markets like Taiwan, India, Vietnam, Pakistan and Bangladesh.
News ID: 2220    Publish Date : 2018/09/22

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