Flat rolled steel market activity remains slow in Turkey but prices are stable due to strong scrap prices and high production costs, as well as high import offers, Steel Business Briefing is informed by market players. Sheet prices are ...
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Longtime industry analyst Charles Bradford says additional US sheet capacity hasn't yet had much impact beyond "garden variety commodity grades," and he doesn't expect ThyssenKrupp's new domestic mill to be a major auto player for some ...
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European stainless steel industry is facing with excess capacity, imports surged and low profit margins. Although many people think that Europe stainless steel industry must be reformed, but it still can't achieve a consensus on the reform ...
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The Argentinean government's decision to get involved in the steel industry may lead to an increase in domestic tube prices and a fall in foreign tube imports, market participants tell Steel Business Briefing. As previously reported by SBB, ...
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With lacklustre buying activity and stable upstream round billet prices, domestic spot prices for Chinese seamless pipes remained largely stable during the last week of July. The firm rounds prices and the strengthening overall steel prices ...
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Demand for flat rolled steel in Israel is weak as consumption slows in the holiday season. Steel Business Briefing is informed by local sources that the market is waiting for September to see some improvement. Hot rolled coil is offered to ...
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Chinese plate export prices have increased by $15-20/tonne over the past two weeks along with the recovery in overseas demand. Exporters say that maintenance work at major Chinese plate mills will be carried out from late July to August, ...
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Pipe demand in Oman is weak as economic activity is slowing due to the upcoming Ramadan period and summer holidays. Prices are unchanged from mid-July but a small increase in pipe making raw material costs is squeezing producers' profit ...
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Demand for flat rolled steel in Saudi Arabia continues to decrease as the beginning of Ramadan is a week away. Steel Business Briefing is informed by market players that consumption is expected to pick-up by mid-September after the Eid ...
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Demand for steel pipe in the United Arab Emirates is still slow owing to the approaching Ramadan period, which runs throughout August, and the summer holidays. Prices remain unchanged since the second week of July, SBB learns from market ...
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Sentiment in the Chinese steel market continued to improve last week, but mills are hesitant to raise lift prices as end-user demand remains weak. Hebei Iron & Steel kept its August prices for hot and cold rolled coil and end-July prices ...
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US Steel reversed a series of quarterly losses yesterday, reporting a $222m second quarter profit on sales of $5.1bn - a turnaround driven by higher average realized prices and more stable raw materials costs, the company said. The improved ...
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Europe's carbon steel welded tube market in July continues to experience the quiet unexciting conditions which characterised June, and this is expected to continue through August, market participants tell Steel Business Briefing. So far ...
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First mill announcements of August alloy surcharges on flat rolled stainless sheet in Europe confirm an anticipated increase. The modest 2% rise to €1, 612/tonne on mainstream austenitic 304 (4301) grade posted by Outokumpu signals the ...
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Shipments of welded austenitic stainless pressure pipe from one group of Chinese companies to the US will no longer be subject to antidumping duties, Steel Business Briefing learns. In an annual administrative review, the US Department of ...
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