It’s reported that Posco Specialty Steel (Posco SS) announced to keep its sales prices for austenitic stainless rod and bar unchanged for November. Posco SS has remained its prices for austenitic stainless rod and bar flat since July. ...
Tags: Stainless Rod, Bar
Reportedly, Gerdau Long Steel North America announced to raise prices for rebars, beams and merchant bars by US$20/short ton. Gerdau said that it decided to hike prices is in order to response the competitive market conditions. Meanwhile, ...
With rebounding price of carbon steel hot rolled coil in Turkey, Turkish steel producers are going to surge the price of steel heavy plate by at least US$10/ton. So far, the ex-work price of heavy plate is about US$615~US$640/ton in Turkey. ...
Tags: Steel Mills, Mineral
It is reported that European tin plate mills could initiate the negotiation of latest prices for 2014 recently and be expected to reach an agreement before the end of November. The prices are estimated to be increased by ...
Tags: Tin Plate Mills, Mineral
According to statistics released by the Brazilian foreign trade ministry, Mdic, the country’s imports of seamless steel tubes totaled 13,428 tons in October, soaring by 68% from 7,974 tons in September. In October, China was the ...
Tags: Seamless Steel Tubes, Mineral
It’s reported that Keystone Steel and Wire announced to raise prices for wire rods and coiled rebar by US$30/short ton, effective from December 2nd shipments. Besides, the other steel longs producers in the US have all increases ...
Tags: Keystone, Coiled Rebar
According to data released by the Stainless Steel Council of China Special Steel Enterprises Association (SSC), the country’s crude stainless steel production totaled 13.66 million tons in January-September, rising by 19.8% year on ...
Tags: Stainless Steel Output, Mineral
Traders said that with the end of India festival of Eid al Adha, the market transaction was rebounding now. Traders also said that because the HRC offer from South Korea and China dropped by US$20~US$25/ton, most buyers were holding a ...
Tags: HRC Transaction, Mineral
Turkey’s rebar exports totaled 626,339 tons in September, falling by 6.41% year on year and down by 0.26% from a month ago, according to data released by the Turkish Statistical Institute (TUIK). Meanwhile, the country’s export ...
Tags: Rebar Exports, Mineral
It’s reported that the Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) said that it planned to ship around 415,000~417,000 tons of hot rolled steel products November, falling by 5% from a month ago. Among them, ...
Tags: HR Steel Products, Mineral
It is reported that due to the weak domestic market demand, the H beam market prices have dropped by about NT$500/ton in the Taiwanese domestic market recently. The current H beam base price in the market is about NT$22,200~NT$22,300/ton ...
Tags: H Beam Price, Domestic Market
According to data, Japan’s exports of hot rolled coils (HRC) totaled 885,140 tons in September, decreasing by 12.1% from a month ago. Meanwhile, the country’s HRC export prices averaged at US$578.3/ton FOB, down by 0.6% month on ...
Tags: HRC Exports, Mineral
Outokumpu announced its turnover for the third quarter of 2013 with a loss of €239 million lower than the second-qaurter loss around €250 million. The company indicated the stainless steel demand will not be improved in the rest ...
Japanese steel mills are going to initiate the negotiation of carbon steel hot rolled coil price for next January with their customers in Middle and South & Central America. It is expected those mills could up the HRC prices about ...
Tags: Steel Mills, HRC Prices
According to data released by Japan's Ministry of Economy, Trade and Industry (METI), Japan’s industrial production rose by 1.3% month on month in September and increased by 5.1% year on year. In September, the country’s iron ...