SK: HDG steel exports rise over 20%, m-o-m, in July

South Korea's hot-dipped galvanised (HDG) steel exports rose by 22% m-o-m to 122,203 tonnes (t) in July 2022 compared to 99,901 t in the previous month. On a monthly basis, exports increased by 18% against 103,540 t in July 2021, as per data from the Korea Steel Association. Export volumes

JFE-Baowu JV in China expands HDG capacity to 1.2 mln t/y

JFE Steel, Japan's second largest integrated mill, shared on December 8 that it has completed expanding hot-dipped galvanizing (HDG) capacity at Guangzhou JFE Steel Sheet Co. (GJSS), a 50:50 venture with China Baowu Steel Group, by 50% to 1.2 million tonnes/year via remodeling a 1 million t/y contin

Nippon Steel to merge Thai's downstream plants by April

Nippon Steel, Japan's largest integrated mill, will merge its two steel subsidiaries in Map Ta Phut, Rayong of Thailand by April 2022 for efficiency and customer experience enhancement, it announced on November 30. NS-Siam United Steel (NS-SUS) is with 1 million tonnes/year of cold-rolling (CR) and

Growing demand prompts Kobe Steel to start new CGL

Kobe Steel, Japan’s third largest integrated mill, has started commercial production on a new continuous hot-dip galvanizing line (CGL) at its Kakogawa Works in western Japan to meet the need for ultra-high strength sheets for automotive applications, the company announced on March 25.

Nippon Steel raises flat steel prices by $144/t for Feb

Nippon Steel, Japan’s largest integrated steelmaker, has raised prices of its carbon steel flats sales to the spot market and re-rollers by Yen 15,000/tonne ($144/t) for February shipments, as the production costs have been rising, and this may enable the domestic steel prices to rise to match the g

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 carbon steel flats prices may rise starting Oct

Japan’s dealer prices of carbon steel hot-rolled, cold-rolled, galvanized sheets are expected to rise starting October, as major distributors have all raised their offering prices for October sales in order to shift higher list prices from the domestic steel mills, sources in Tokyo and Osaka expecte

Nippon Steel raises steel flat prices by $48/t from Oct

Nippon Steel, Japan’s largest integrated steelmaker, has decided to lift domestic prices of its sheet products for spot sales and for re-rollers by Yen 5,000/tonne ($48/t) from October shipments. Market watchers were relaxed about the increase Friday, saying the rise had been expected.