Latest news on China Color-coated Steel markets

Aju takeover lifts Korea's Dongkuk CM to coated steel giant

South Korean cold-rolled coil and coated sheet producer Dongkuk Coated Metal (Dongkuk CM) has formally acquired a controlling stake in smaller domestic rival Aju Steel, to lift its coated steel production capacity to 1.23 million tonnes/year a capacity that Korean sources say will make it the world'

India: Trade-level coated flat steel prices drop by up to $19/t m-o-m in Jul

Lacklustre buying in traders' market weighs on prices. Maintenance shutdowns at HSMs impact substrate HRC production levels.

Nippon Steel halts spot carbon steel sheet sales in Jan

Nippon Steel, Japan’s largest integrated mill, has decided not to sell any tonnage of carbon steel flats to the spot market in January but to focus on delivering the signed tonnage to the buyers as soon as possible as some have already been behind the schedule, a company official confirmed

Nippon Steel withdraws from two US auto sheet JVs

Nippon Steel has sold its equity stakes in two auto-steel sheet ventures in US it had with ArcelorMittal (AM), following AM’s decision to sell part of its US business interests including its shares in the two ventures, the Japanese integrated steelmaker announced on December 10. However, Nippon Stee

South Korea’s Posco adds $47/t on flats exports to Japan

Posco, South Korea’s largest steel producer and a major carbon steel exporter to Japan, has notified its Japanese customers of raising its export offering prices of all flats including hot-rolled and cold-rolled coils by around Yen 5,000/t ($47/t) starting November shipments, market sources shared o

Japan’s flat steel stocks down 4% on month at end-June

Stocks of hot-rolled, cold-rolled and coated coils and sheets at Japanese mills, coil centres and distributors at the end of June were down 3.6% on month or by 160,000 tonnes to about 4.3 million tonnes, according to the latest data compiled by Nippon Steel published on August 4. Efforts by

Japan’s flat steel stocks swell in May as deliveries drop

Stocks of hot-rolled, cold-rolled and coated coils and sheets at Japanese mills, coil centers and distributors at the end of May were higher by 2.4% on month or by 105,000 tonnes to reach some 4.46 million tonnes, according to the latest data from Nippon Steel published on July 2. Industry

Japan’s flat steel stocks down on production cuts

Despite a slow-down in demand, flat steel stocks including hot-rolled, cold- rolled and coated coils and sheets at the Japanese mills, coil centers and distributors fell 0.9% or 40,000 tonnes on month to about 4.35 million tonnes, according to the latest data from Nippon Steel on June 2, mainly beca

Angang rolls over flat steel prices for September sales

Anshan Iron and Steel Group (Angang), a key flat-steel producer headquartered in Anshan city in Northeast China’s Liaoning province, has elected to roll over its flat steel prices for sales in September, according to the company’s latest pricing policy released on August 14. Angang follows Baoshan I

Canada starts AD probe into corrosion resistant steel

The Canada Border Service Agency (CBSA) has launched an investigation into imports of corrosion-resistant steel sheet from China, Chinese Taipei, India and South Korea, according to a release the CBSA posted on July 27.