South Korean Steel Majors Inspect RINL’s Vizag Unit taking a Step Ahead in Setting up Steel Plant in India
Mining News Pro - In September last month, the Indian steel ministry had initiated talks with Japanese and Korean steel companies for setting up a 5-mtpa steel plant through a joint venture with state-run Rashtriya Ispat Nigam (RINL) in Vizag (Visakhapatnam).
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Visit: 1707
South Korean Steel Sector Faces Rise in Chinese Imports amid Upturn in Shipbuilding Industry
Mining News Pro - According to the latest reports, amid growing protectionism of U.S against steel imports, one of the key countries that is facing the real brunt is South Korea.
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Visit: 884
What is the Outlook for South Korean Steel Market in August ?
Mining News Pro - In the month of July, South Korea steel industry observed limited trade volumes and downtrend in market prices over selling pressure. Major mills POSCO and Hyundai Steel witnessed marginal growth in sales volume of Hot rolled coils owing to sluggish trading. Meanwhile prices also remain under pressure which resulted in decline in company’s profits.
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Visit: 1065