South Korean HRC Importers Turn Active On Competitive Offers from China ________________________________________
Mining News Pro - As per Steel daily,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.
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Visit: 1288
South Korean iron ore imports fell in September
Mining News Pro - According to South Korea`s official statistics, imports of iron ore in the country amounted to 5.1 million tons in September, up 27 percent from September.
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Visit: 1217
South Korean Steel Majors Inspect RINL’s Vizag Unit taking a Step Ahead in Setting up Steel Plant in India
Mining News Pro - 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).
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Visit: 1726
South Korean Steel Sector Faces Rise in Chinese Imports amid Upturn in Shipbuilding Industry
Mining News Pro - 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.
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Visit: 898
South Korean EAF Steel Manufacturers to Increase Prices amid Rising Graphite Electrode Costs
Mining News Pro - According to market sources, the South Korean special steel manufacturers that use EAFs (Electric arc furnaces) for production are likely to increase their product prices starting from Sep’18 in response to rising raw materials such as scrap, graphite electrodes (GE) and alloy steel prices.
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Visit: 2087
South Korean Mills Aggressively Book Indian Pellet Cargoes
Mining News Pro - South Korean steel mills have continued to book Indian pellet cargoes as reported by market participants to SteelMint
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Visit: 1312
India Pellet Export Offers Increase Amid Strong Demand from South Korean Mill
Mining News Pro - According to the market participants report to SteelMint, demand for low alumina Indian pellets has continued to increase following improved buying interest from a major South Korean steel mill. The mill is aggressively looking to procure pellets for prompt deliveries.
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Visit: 983
What is the Outlook for South Korean Steel Market in August ?
Mining News Pro - In the month of July, South Korea steel industry observed limited trade volumes and downtrend in market prices over selling pressure. Major mills POSCO and Hyundai Steel witnessed marginal growth in sales volume of Hot rolled coils owing to sluggish trading. Meanwhile prices also remain under pressure which resulted in decline in company’s profits.
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Visit: 1078
South Korean scrap price drops in Apr
Mining News Agency -Busan steel mills cut its domestic scrap purchasing price which was about ₩10,000/ton from April 11th.
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Visit: 1564
South Korean ferroalloy imports rise, exports drop in 2017 y-o-y
Mining News Agency -According to the trade statistics, South Korea imported around 1.13 million tons of ferroalloy in 2017, up by 2.9% year on year.
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Visit: 1268