Steel News

We strive to let you one step ahead of the market.

Stainless steel prices move up in South Korea

1 Nov 2007 15:38 reported by Johnny Lin

A A A
South Korea stainless steel mill has announced to increase the export price of stainless steel cold rolled products to China by US$100/ton for November-December shipments.

Encouraged by the recent stable nickel prices, global stainless steel market has been warmed up.

According to the market situation at this moment, ELG Haniel Metal Company expects that the stainless steel output will only increase a little or no increase in the fourth quarter, especially in EU and US market.

But they also said that once those steel mills have advanced their time of the scrap purchasing for 2008, it may cause the scrap demand to boost in the fourth quarter of 2007.

Back to Steel News

Related News

Continuously rising molybdenum prices may lead to higher prices of 316 stainless steel

  • Stainless steel
  • 19 Jan 2023 11:40

Taiwan's stainless steel prices may increase after Chinese New Year holidays

  • Stainless steel
  • 18 Jan 2023 16:54

Taiwan’s stainless steel wire rod exports slightly increase in 2022

  • Stainless steel
  • 17 Jan 2023 15:23

Taiwan’s stainless steel rod exports slide in 2022

  • Stainless steel
  • 17 Jan 2023 15:23

Indonesia continues expanding international stainless steel market

  • Stainless steel
  • 17 Jan 2023 15:21

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,508.00
  • 3,485.00
  • Aluminum
  • 2,596.00
  • 2,637.00
  • Copper
  • 9,345.00
  • 9,362.00
  • Nickel
  • 29,060.00
  • 29,500.00

Learn more

Coil Exchange Center

  • 2B Coil-Feb
  • 3,060
  • 2,920
  • NO1 Coil-Feb
  • 3,030
  • 2,890
  • 2B Coil-Feb
  • 3,060
  • 2,920
  • NO1 Coil-Feb
  • 3,030
  • 2,890

Learn more