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Decoding International / Fed Decision Brings Surprises, Not Shocks
The Federal Reserve's May 1st decision to keep interest rates unchanged met expectations, with a hawkish stance on interest rate policy...
May 2, 20241 min read


The Federal Reserve Holds Rates Steady, Will the Dollar Strengthen Further? What's the Impact on the S&P 500 Index?
The Federal Reserve's decision to keep interest rates steady could allow the U.S. dollar to continue strengthening, potentially impacting...
May 2, 20241 min read


Acerinox: EU Should Follow US in Imposing More Tariffs on Asian Stainless Steel
According to a GMK report on April 29, 2024, the CEO of Acerinox stated that the EU should follow the US in imposing more tariffs and...
Apr 30, 20242 min read


Forging Ahead Together: Honoring International Workers’ Day in the Steel Industry
Ladies and Gentlemen, Today, we gather to celebrate International Workers’ Day, a day that honors the spirit of hard work and dedication...
Apr 30, 20241 min read


The Nickel Effect: How Rising Prices are Shaping the Future of Stainless Steel
The stainless steel market is experiencing a revival due to soaring international nickel prices. Manufacturers in China and Taiwan are...
Apr 26, 20241 min read


Stainless Steel Heat Exchange Tubes: Understanding the Factors Affecting Glossiness
Heat exchange tubes are devices that quickly transfer heat from one point to another with minimal thermal loss, making them known as...
Apr 24, 20242 min read


Surge in Metal Prices Amid Supply Concerns and Strong Market Demand
On April 21, 2024, copper prices achieved their highest level in nearly two years last Friday (April 19), driven by an expansion in...
Apr 23, 20242 min read


What do sanctions on Russian metals such as nickel, aluminum, and copper mean for global trade?
According to ING (Netherlands International Group) on April 15, 2024, following the sanctions imposed by the United States and the United...
Apr 16, 20244 min read


Summary of Current Market Situation
Stainless Steel: In terms of inventory, domestic pure nickel stock has risen to the highest level within the year at 33,400 tons, while...
Apr 16, 20241 min read


Breaking News for April 15th
In the early hours of April 13th, the United States and the United Kingdom announced the imposition of new trade restrictions against...
Apr 15, 20241 min read


Navigating the Surge: Unpacking the Multi-Faceted Rise in Global Oil Prices
The recent surge in oil prices, surpassing $90 per barrel, is attributed to a complex interplay of factors beyond the immediate...
Apr 8, 20241 min read


Weekly News of Stainless Steel Market
1. Indonesia's Delong anticipates a net loss of approximately RMB 1.8 to 2.2 billion for the fiscal year 2023, affected by the stepwise...
Mar 20, 20242 min read


DONG-YU#Today's News
. In response to the Ukraine-Russia conflict, the United States has sanctioned Russian transport companies in an effort to suppress...
Feb 26, 20242 min read


Market Price is flipping today.
Attention valued customers: We’re experiencing a significant surge in market prices today! This is a crucial moment to consider your...
Dec 25, 20231 min read


Shipping giant Maersk prepares to resume operations in Red Sea
WASHINGTON (Reuters) - Denmark's Maersk is preparing to resume shipping operations in the Red Sea and the Gulf of Aden, the company said...
Dec 25, 20232 min read


Happy Winter Solstice! May the longest night bring warmth to your home and heart
Happy Winter Solstice! May the longest night bring warmth to your home and heart, and may the returning light brighten your days with...
Dec 22, 20231 min read


May the serene beauty of this Silent Night bring peace and joy to everyone at DONG-YU STEEL.
As Christmas lights twinkle, we extend our warmest wishes to our cherished customers. May this festive season be filled with happiness,...
Dec 22, 20231 min read


A ship carrying steel coils from POSCO to a buyer in Turkey was hijacked by Somalia.
A ship carrying steel coils from the South Korean steel manufacturer POSCO to a buyer in Turkey was hijacked off the coast of Somalia....
Dec 22, 20232 min read


Wishing you a joyous and Merry Christmas!
Wishing you a joyous and Merry Christmas! May this festive season bring you warmth, love, and happiness. May your home be filled with the...
Dec 15, 20231 min read


Codelco: Rajo Inca Project Begins Ore Extraction, Set for Full Operation Next Year
Chile's National Copper Corporation (Codelco) is actively revitalizing copper mining as copper production has declined to its lowest...
Nov 27, 20231 min read
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