South Korean

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Mexican petrochemical producer Alpek has agreed to buy South Korean rival Lotte Chemical's PET bottle chip plant in the UK.
News ID: 7022    Publish Date : 2019/10/30

South Korean hot rolled coil (HRC) exports to India dropped by over 41% in September 2019 to 85,084 tonnes (MT) from 144,273 MT in August.
News ID: 6858    Publish Date : 2019/10/12

‘Kanto Tetsugen’- Japan’s monthly ferrous scrap export tender for Sep’19 was concluded today (11th Sep’19) in the Kanto region. Total of 22,100 MT of H2 scrap was awarded at an average of JPY 24,849 /MT (USD 230), FAS, as compared to JPY 27,714/MT in Aug 2019, witnessing a sharp fall of JPY 2865/MT (USD 27) on a monthly basis, SteelMint learned from market sources.
News ID: 6455    Publish Date : 2019/09/11

South Korean petrochemical producer YNCC has achieved an earlier than expected restart at its 285,000 t/yr Yosu-based styrene monomer (SM) unit.
News ID: 5853    Publish Date : 2019/08/08

As per updates received, in a recently concluded purchase, South Korean EAF steelmaker, Dongkuk Steel has booked 10,000 MT of A3 grade scrap from Russia at USD 287/MT, CFR South Korea. This price is around USD 7-8/MT less than the last contract for Russian scrap by South Korean steelmakers, which was signed for USD 294-295/MT, CFR in June’19.
News ID: 5353    Publish Date : 2019/07/20

South Korea’s crude oil imports have fallen 12.6 percent in June to 11.49 million tons, an indication that the country is having problems replacing its oil imports from Iran.
News ID: 5208    Publish Date : 2019/07/15

As per new price circular released, Japan’s leading EAF mini-mill - Tokyo Steel has lowered the domestic H2 scrap purchase price by JPY 500/MT (USD 5) at all five works in Japan. New prices for all grades shall be effective from tomorrow (15th June'19)
News ID: 4833    Publish Date : 2019/06/16

SteelMint in conversation with market participants learned that Indian HRC import offers from Korea reported decline by around USD 10/MT for July- August shipments.
News ID: 4821    Publish Date : 2019/06/15

South Korean steel giants POSCO and Hyundai Steel are facing crisis as the municipal administrations have ordered to shut down the operations of blast furnace for 10 days as the mills are emitting air pollutants illegally and operating blast furnace without anti pollution equipment.
News ID: 4770    Publish Date : 2019/06/07

South Korea imported 353,000 barrel per day of Iranian crude last month, up 17% on March ahead of the removal of sanction waivers that granted South Korea and another seven countries to legally import certain amounts of Iranian crude despite US sanctions.
News ID: 4564    Publish Date : 2019/05/18

Japanese scrap exports to South Korea recorded above 0.40 MnT mark successively for the 2nd month while US scrap exports hit 5-month high in Feb'19
News ID: 4101    Publish Date : 2019/03/21

South Korean steel producer Posco said the electric vehicle (EV) industry this year faces growth limits until a product is available widely enough for demand to achieve large-scale gains.
News ID: 3667    Publish Date : 2019/02/18

Two one-million-barrel cargoes of Iranian oil will arrive in South Korea’s port of Incheon in the space of a week in January to end the 4-month long hiatus in the flow of fuel from the energy giant to the world’s fifth-largest oil buyer.
News ID: 3252    Publish Date : 2019/01/14

South Korean Ambassador to Tehran Yo Jang Hyan said on Saturday that Seoul is determined to develop economic and trade cooperation with Tehran, reassuring that Korean firms will continue their activities in Iran.
News ID: 2784    Publish Date : 2018/12/02

Refiners in Japan and South Korea are looking to resume Iranian oil imports from January after receiving waivers from US sanctions on Tehran, sources familiar with the matter said.
News ID: 2662    Publish Date : 2018/11/20

Italian oil major Eni will look at the Iran sanctions measures to see if it can use Iranian crude to allow it greater flexibility in procuring supplies, a spokesman said.
News ID: 2569    Publish Date : 2018/11/10

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