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S. Korea's crude steel output seen to dip below 70 mln tons this year

S. Korea's crude steel output seen to dip below 70 mln tons this year

Keywords :S. Korea's crude steel output seen to dip below 70 mln tons this year        Update : 2020-11-26        View(s) : 17

South Korea's production of crude steel is expected to fall below the 70 million-ton mark for the first time in four years in 2020 due to the fallout of the coronavirus pandemic, industry sources estimated Thursday. Crude steel output of Asia's fourth-largest economy stood at 49.6 millio...

Global crude steel production in September increased by 2.9% year-on-year

Global crude steel production in September increased by 2.9% year-on-year

Keywords :Global crude steel production in September increased by 2.9% year-on-year        Update : 2020-11-20        View(s) : 50

On October 23, the World Steel Association (WSA) released September's global crude steel production data. In September, the crude steel output of 64 countries and regions included in the World Steel Association's statistics was 156.4 million tons, a year-on-year increase of 2.9%. In Sept...

KG Dongbu Steel relocates plant in China to home base in S. Korea vary

KG Dongbu Steel relocates plant in China to home base in S. Korea

Keywords :KG Dongbu Steel relocates plant in China to home base in S. Korea vary        Update : 2020-11-13        View(s) : 45

KG Dongbu Steel, a steel company in South Korea, will build a new plant at its home base in South Chungcheong Province after closing its furnace in China. Dongbu, which is South Korea's fifth-largest producer of steel products in terms of sales, has carried out restructuring to strengthen i...

China eyeing restart of ferrous scrap imports in H1 2021, says trade

China eyeing restart of ferrous scrap imports in H1 2021, says trade

Keywords :China eyeing restart of ferrous scrap imports in H1 2021, says trade        Update : 2020-11-06        View(s) : 39

China is likely to allow the resumption of ferrous scrap imports from early 2021, or at least no later than June, market sources close to the issue said Oct. 27.   Chinese authorities banned such imports in July 2019 due to environmental concerns, but have been pushing for a...

China’s daily crude steel output hits record high

China’s daily crude steel output hits record high

Keywords :China’s daily crude steel output hits record high         Update : 2020-10-30        View(s) : 1

China’s crude steel output hit an all-time high on a daily rate basis in September at 3.085 million mt/day, which annualizes to 1,126 million mt, S&P Global Platts calculated based on National Bureau of Statistics data released Oct. 19.   Based on Platts’ estimated crude steel capacity ...

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