Market Intelligence on Steel and Raw Materials
| Rebar | ||
| Turkey, $/t EXW + VAT | 645-660 |  |
| Slabs | ||
| CIS, $/t FOB Black Sea | 5502 |  |
| HRC | ||
| Turkey, $/t FOB/FOT + VAT | 675-6802 |  |
| India. $/t FOB | 670-700 | |
| Spain, EUR/t EXW + VAT | 5803 | |
2 - ex-Alchevsk SW
2 - ex-Erdemir
3 - base; ex-AM Espana
2 - ex-Erdemir
3 - base; ex-AM Espana
| Billet | |||
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Ukraine, $/t fob  |
| Rebar | |||
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Turkey, $/t fob  |
| HR coils | |||
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Russia, $/t fob Black Sea  |
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World Steel News
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all news
price news
company news
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Example: scrap, "far east"
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08.02.12 17:55 | Domestic rebar prices slip on slack demand in Turkey Long products / Turkey Turkish rebar producers have slashed their domestic prices as compared to the levels of two weeks ago amid a seasonal decline in buying activity... |
08.02.12 17:40 | Cebitas Demir Celik (Turkey) not to buy scrap, production yet to restart Scrap / Turkey Turkey's Cebitas Demir Celik plans to buy no scrap in February, as its facilities remain idle... |
08.02.12 17:29 | Germany’s mills increase steel production in January Long products, Flat Products / Central Europe According to the German Steel Federation, German steelmakers produced 3.4 mt of crude steel in January, which is 10% higher than December figures... |
08.02.12 17:24 | Spain's ArcelorMittal Espana announces rise in domestic flats prices for April rolling Flat Products / South Europe Seeing extremely poor demand, Spain’s ArcelorMittal Espana, who has nearly filled up its March order book, has decided to stir up buyers by lifting prices... |
08.02.12 17:19 | European ferrous scrap market sluggish Scrap / South Europe Italian and Spanish scrap markets see weak business activity this week due to adverse weather conditions. Extremely cold weather complicates scrap collection in Europe, so volumes available for sale are dwindling... |
08.02.12 16:35 | Decline in import scrap prices brings new deals to Turkey Scrap / Turkey In the middle of the week, business activity is rather high in the Turkish scrap market. Continuing decline in scrap prices results in new contracts... |
08.02.12 16:30 | RAK Steel's rebar mill to resume operation in Oman Long products / Middle East RAK Steel (UAE) sold its long product mill with a capacity of 500,000 tpy of 8-40 mm rebar to Oman's Sharq Sohar Steel Rolling Mill... |
08.02.12 16:09 | Japanese exporters not likely to implement price rise until March Flat Products / Far East Japanese flats exporters have faced unfavourable conditions in the Asian market. The price increase by $25-30/t they announced last week is still nominal: occasional deals for March flats shipments are signed at the prices corresponding to those of February ones... |
08.02.12 15:47 | Demand slacker in Algeria's longs market Long products / North Africa Buying upturn seen in the Algerian longs market in January has been now replaced with a lull... |
08.02.12 15:37 | Azovstal (Ukraine) cuts flat product output Flat Products, Steel Semis, Long products / CIS Ukraine’s Azovstal plans to reduce output of flats to 80,000-84,000 t in February, by 18-20% down month-on-month... |
08.02.12 15:29 | Japanese flats makers intend to maintain local prices Flat Products / Far East The Japanese domestic market for flats stays calm. Steelmakers keep prices to domestic buyers at the last-week levels. Only US dollar equivalent has dropped slightly by $2-4/t due to yen devaluation... |
08.02.12 14:53 | Saudi buyers continue to book import billet Steel Semis / Middle East Saudi Arabian buyers of square billet remain in the market and buy big parcels of CIS material... |
08.02.12 14:24 | Barely any deals made in Chinese iron ore market Iron Ore / China Business activity has slackened again in the Chinese iron ore market today. Most local steelmakers keep staying out of the market, while traders are careful about bookings... |
08.02.12 14:09 | Rebar prices keep sliding in Iraq Long products / Middle East Despite a large number of residential and civil construction projects held in Iraq, end-users’ demand for rebar is modest in the country due to a seasonal factor... |
08.02.12 12:55 | Coal of Africa sells stake in Chapudi coal project Coke&Coal Coal of Africa has signed an agreement with Rothe Investment Proprietary (Rothe) to sell a 26% shareholding in its subsidiary Keynote Trading & Investment 108 Proprietary (Keynote)... |
08.02.12 11:14 | Italy's Officine Tecnosider enhances capacity Flat Products / South Europe Italy’s Officine Tecnosider is continuing a project to expand its plate mill capacity from 350,000 t to 500,000-550,000 t by installing a second stand... |
07.02.12 18:35 | ArcelorMittal announces 2011 results Long products, Flat Products / Global |
07.02.12 18:22 | Italian merchant bar suppliers forced to step back again Long products / South Europe Italian merchant bar suppliers have been forced to reduce prices slightly on account of extremely low demand and the drop in scrap quotations by EUR 10-15/t over two weeks... |
07.02.12 18:20 | Vizag Steel (India) to lift pig iron output to 5 mt this year Pig Iron / India India's Vizag Steel owned by Rashtriya Ispat Nigam plans to increase pig iron production at its Visakhapatnam plant from last year's 4.2 mt to 5 mt in 2012... |
07.02.12 18:17 | Stable demand for rebar staves off price decline in Philippines Billet & Longs / South East Asia Business activity remains high in the Philippine longs market thanks to stable demand from end users (in particular, from construction companies). However, rebar producers have had to reduce offers of gr. 60 rebar since they announced... |
07.02.12 18:06 | Turkish scrap importers succeed in knocking deal prices down Scrap / Turkey Demand for import steel scrap stays firm in the Turkish market. Steelmakers are actively buying because exporters keep reducing prices... |
07.02.12 17:57 | Domestic plate prices slump in Iran Flat Products / Middle East Iranian end-users and stockists still show slack demand for plate amid unstable political and economic situation in the country... |
07.02.12 17:46 | Chinese HDG exporters keep prices steady Flat Products / China Chinese HDG suppliers are in no hurry to adjust their export prices after national holidays. Most of them hesitate to announce new export quotations: on the one hand, their stocks are swelling amid slack business activity of local and foreign buyers, but on the other hand... |
07.02.12 17:33 | Rebar prices go down in Iran Long products / Middle East After a significant last-week decrease due to governmental regulations, domestic rebar prices of Iranian mills have dropped only a little... |
07.02.12 17:31 | Hyundai Steel (South Korea) starts expanding capacity Flat Products / South East Asia South Korea’s Hyundai Steel plans to start expanding the capacity of its hot rolling mill at Dangjin plant from current 3.5 mt to 5.5 mt. So, the unit has been stopped to be fitted on February 11-25, a plant representative says. The project to upgrade the mill... |
07.02.12 17:25 | US coil suppliers find it increasingly hard to keep prices stable Flat Products / USA Like last week, US coils producers prefer to hold prices at mid-January levels. Some suppliers are even wary that quotations have reached their peak by now... |
07.02.12 17:07 | NSL Consolidated to start concentrate production in India in Q1 Iron Ore / India Australian company NSL Consolidated will start concentrate production at a beneficiation plant in Kurnool (Andhra Pradesh, east coast of India) in the first quarter of 2012. The plant has a designed capacity of 200,000 tpy of 58-61% Fe concentrate... |
07.02.12 16:49 | Standoff between scrap suppliers and Far Eastern buyers heats up Scrap / Far East The situation is heating up in the Far Eastern scrap market this week. Japanese suppliers continue raising prices, although they have signed no deals with foreign buyers so far... |
07.02.12 16:37 | Pig iron demand still absent in Far East Pig Iron / Far East In early February, despite price reductions made by Russian pig iron producers, Far Eastern consumers are holding off from purchases of the material... |
07.02.12 16:20 | Demand stays thin in Chinese iron ore market Iron Ore / China On Tuesday, iron ore quotations have come up again in the Chinese market in spite of relatively low buying interest. Local steelmakers do not purchase the material in view of very poor finished product demand... |
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