20
Feb
22:07
Hyundai Steel to expand rebar exports
Major South Korean steel mill Hyundai Steel plans to expand its rebar exports amid weak domestic demand, Kallanish notes. The producer explains that the purpose of doing this is to normalise distribution prices and ensure profitability.
Market participants expect Hyundai Steel to reach 10,000 tonnes of rebar exports in March. Although no destination has been specified by the company, traders say that the most likely target regions for higher exports are …
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Anonymous
Very good overview of the weekly steel market.
Anonymous